Tag: Oil
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IEA sees surplus oil supply in 2024 even if OPEC+ extends current cuts
The global oil market will see a slight surplus of supply in 2024 even if the OPEC+ nations extend their cuts into next year,...
Oil climbs as IEA lifts demand growth forecast
Oil prices edged higher on Tuesday after the International Energy Agency (IEA) raised its demand growth forecasts, adding to bullish sentiment from the previous...
Oil set for third weekly decline as Middle East conflict concerns ebb
Oil prices were up slightly on Friday but are set to fall for a third week as concerns of supply disruptions from the Israel-Hamas...
Oil heads for weekly losses as Mideast worries ease, China demand uncertain
Oil prices fell more than $2 on Friday, on track for a weekly loss as supply concerns driven by Middle East tensions eased, while...
Oil traders pay premiums to secure 2024 Mideast crude supplies
Oil traders will pay premiums for the annual supply of most grades of Middle East crude in 2024, trade sources said, on concerns over...
