China's weak economy and record US production will lead to a surplus of one million barrels of oil a day next year, IEA says
Oil markets are facing a supply glut, with non-OPEC producers on track expand production by 1.5 million barrels of oil a day, ...
Global Oil Market Faces a Million-Barrel Glut Next Year, the IEA Says
Global oil markets face a surplus of more than 1 million barrels a day next year as Chinese demand continues to falter, ...
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Oil (WTI) Price
1 Barrel ≈ 0,136 Tonnes of Crude Oil Oil (WTI) Price Per 1 Ton 500.00 USD 1 Barrel = 42 Gallons Oil (WTI) Price Per 1 Gallon 1.62 USD 1 Barrel ≈ 158,98 Liters Oil (WTI) Price Per 1 Liter 0.43 ...
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Oil prices constraint in 2025 as IEA predicts daily 1M barrel glut
Global oil markets face a surplus of more than 1 million barrels a day next year as Chinese demand continues to falter, ...
China's weak oil demand may lead to global surplus of 1 mn barrels: How would crude prices react?
The surplus could provide a buffer for prices against potential supply-side price shocks from conflicts in West Asia and ...
Biden admin touts job well done replenishing oil reserves despite depleting them by half over last 4 years
The Energy Department announced the end of replenishing the nation's strategic oil reserves, which were depleted by nearly ...
Oil prices consolidate after U.S. benchmark’s pullback below $70 a barrel
Oil futures were marginally higher early Wednesday, with the U.S. benchmark consolidating below the $70-a-barrel threshold as ...
U.S. crude oil rises, trades around $69 per barrel
UBS slashed its price forecast for global benchmark Brent to $80 per barrel on weakening demand in China, the world’s largest ...