Banks are cutting estimates for the average oil price this year to below $60 a barrel amid production hikes from OPEC+ and ...

JP Morgan downplayed geopolitical concerns on Thursday and maintained its base case forecast for oil prices to stay in the ...

Oil demand will peak at 105.6 million barrels per day (bpd) by 2029 and then fall slightly in 2030, a table in the ...

The International Energy Agency maintains its forecast that global oil demand will plateau by the end of this decade, driven by factors such as increased EV sales, slowing economic growth, and ...

The IEA announced on Tuesday that global oil demand is projected to continue increasing until approximately 2030.

Rather, it is geopolitical factors—specifically, escalating tensions in the Middle East—that are unsettling markets and ...

Never try and predict what the price of oil is going to be, because there’s one sure thing: You’re going to be wrong,” says ...

Global oil demand will fall slightly in 2030, its first drop since the 2020 COVID pandemic, the International Energy Agency ...

That sent the yield on the 10-year Treasury up to 4.41% from 4.36% late Thursday. Higher yields can tug down on prices for ...

More than two dozen banks have cut their 2025 forecasts for oil prices in the wake of OPEC's move to accelerate production hikes later this summer, according to a new survey.