Tag: International Energy Agency

Oil prices experienced a decline in Asian trading on Thursday, prompted by official data revealing an unexpected build in U.S. crude inventories. Additionally, the...

Early trade on Thursday saw a drop in oil prices as investors processed the likelihood of the U.S. Federal Reserve postponing a potential interest...

On Sunday, OPEC+ announced the extension of its significant oil output cuts well into 2025, aiming to stabilize the market amid lukewarm demand growth,...

In the global energy landscape, oil remains a vital commodity, serving as a cornerstone of economic development and national security for many countries. Recognizing...

Oil prices continued their upward trajectory in Asian trading on Monday, building upon gains observed last week, driven by the perception of tightening supply...

Oil prices held steady on Tuesday, remaining close to three-week highs amid increased tensions in the Middle East and a recovery in demand from...

Oil prices experienced a decline as market focus shifted back to demand prospects following reports of elevated producer prices in the United States, the...

Oil prices experienced a decline on Friday, retracing from the previous day's gains, as geopolitical tensions and disruptions in U.S. oil production were offset...

Crude oil, often referred to as the lifeblood of the global economy, serves as a critical commodity with far-reaching implications on various industries and...

Top executives from Exxon Mobil Corp. and Saudi Aramco voiced their support for the global transition to cleaner energy sources while emphasizing the ongoing...

Oil prices showed minimal change on Monday, with Brent crude settling at $90.64 per barrel, down just 1 cent, and U.S. West Texas Intermediate...

The International Energy Agency (IEA) said on July 13 that oil demand will hit a record high this year, but economic headwinds and interest...