Oil prices edged lower yesterday with ICE Brent settling 0.9% lower on the day amid concerns over tariffs, with the August 1 deadline fast approaching. While our oil balance indicates that the oil ...

LONDON (Reuters) -The global oil market is set to tighten in the medium to longer term, recovering from short-term weakness, executives from oil majors and trading houses said on Tuesday. Rising ...

LONDON, Jan 21 (Reuters) - The global oil market will be in deep ‌surplus in the first quarter of 2026, the ‌International Energy Agency said on Wednesday, as so far excess supplies have offset the ...

An oil market surplus that’s long been anticipated by investors is finally showing signs of emerging, a fact that may start to drive down crude prices, the boss of one of the world’s top energy ...

A long-anticipated oil surplus is finally starting to emerge and is likely to depress prices, some of the world’s top commodity traders said. Brent oil has slumped 11% since late last month as the ...