Output for December 2024 was revised lower by 110 kb/d and January 2025 output was revised higher by 28 kb/d compared to last ...

What's more important for crude oil markets? Forecasts of Chinese oil demand growth by leading agencies or the reality of ...

In its latest monthly market report OPEC said that China's oil demand was 16.68 million bpd in 2024, a rise of 320,000 bpd from the 16.36 million bpd the exporter group said it was in 2023.

The AUD traded down in overnight trade by -0.82% as a risk-off tone gripped US markets again, with US Treasury yields falling. The 10yr note dropped to an overnight low of 4.17% at one stage before ...

WTI crude oil (CLK25) is up +0.09 (+0.13%), and April RBOB gasoline (RBJ25) is down -0.0057 (-0.26%). Crude oil and gasoline ...

Oil prices rose on Friday, and were set for second consecutive weekly gains, as fresh U.S. sanctions on Iran and a new plan ...

Oil prices rose in early Asian trading on Friday, and were set for their second consecutive weekly gains, after fresh U.S.

The Kuwait Fund, the Saudi Fund for Development (SFD) and the OPEC Fund for International Development (OFID) assisted the project, he added.

The real-time price of Brent crude oil is at $71.24 per barrel, and the price of WTI crude oil is at $67.77 per barrel. Oil prices are customarily quoted in dollars (USD) around the world, not only in ...

Globally, oil prices have recently declined as the U.S. continues to pressure OPEC to reduce prices. Factors such as Western sanctions on Russian oil and increased freight rates have influenced ...

Globally, oversupply remains a key concern due to OPEC's production increases and weaker demand. Falling crude oil rates and weak rupee exchange rates limit India’s benefits from cheaper oil ...