Oil prices dipped on Tuesday as traders awaited an inventory report from the U.S. Energy Information Administration and began ...

This weekend’s OPEC+ meeting is set to be a non-event, with the group expected to keep output levels unchanged. Read more ...

Global benchmark Brent crude oil settled 1% higher on Monday, as concerns mounted that intensifying airstrikes in Russia and ...

World oil supply will rise more rapidly than expected this year and next as OPEC+ members further increase output and supply from outside the group grows, the International Energy Agency said ...

Iran produced 3.3 million barrels per day, or bpd, in May, according to OPEC's monthly oil market report released in June, which cites independent analyst sources.

The International Energy Agency said in its latest Monthly Oil Report, published in July, that “price indicators point to a tighter physical oil market than suggested by the hefty surplus” in ...

The International Energy Agency (IEA) was in the news prominently again last week when it released its revised short-term Oil Market Report (OMR). It revised demand growth downward, largely due to ...

The IEA forecasts global oil supply growth will significantly outpace demand in 2025, though a tight summer market is keeping prices supported for now.

Despite some short-term supportive factors for the market, oil prices continue to edge lower ahead of Friday’s Trump-Putin meeting. Read more here ...