Energy sector faces investor scrutiny due to recent developments. ETFs like XLE, VDE, and UNG offer exposure to energy ...
(Bloomberg) — Oil extended a gain as the US cut its forecast for a global ... slashed its prediction for a surplus for this year and halved its outlook for a glut in 2026, citing the prospect of ...
Meanwhile, the EIA reported a bigger-than-expected 3.6 million barrel increase in U.S. crude inventories, adding to fears of a global oil glut. The prospect of a sprawling trade war is also ...
WASHINGTON — The U.S. on Feb. 24 imposed sanctions on dozens of people and oil tankers across China, the United Arab Emirates, India and other jurisdictions for allegedly helping to finance Iran ...
An oil glut, an OPEC+ oil price war and a fall in economic growth due to Trump's tariffs have converged to make the bull case for oil as deceptive as a desert mirage. The Euro and cable's surge on ...
Global oil demand will hit a record this year as Asian countries, particularly China and India, continue to expand consumption, said the head of the world’s biggest oil producer, Saudi Aramco.
(Bloomberg) -- Oil extended gains as a stream of bullish ... for a surplus for this year and halved its outlook for a glut in 2026, citing the prospect of diminished flows from Iran and Venezuela.
Iraq and Kurdistan expect to complete all work to resume oil exports from the semi-autonomous Iraqi region by the end of March, following a two-year hiatus due to a dispute over authority over ...
The drawdown snapped a streak of builds and confounded... Do you remember the oil glut? Oh, sure you do. The COVID-inspired oil glut that many people said was so large that we would never see it ...
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