Oil prices fell on Thursday as investors focused on Russia-Ukraine peace talks and eyed large surpluses in US gasoline and ...
As worries about the world's excess supply persisted, oil saw its largest two-day decline in a month. After dropping 3% over the preceding two sessions, West Texas Intermediate closed at $58 per ...
Investment banks and the U.S. Energy Information Administration forecast a significant oil market oversupply in 2026, driven ...
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Analysts expect oversupply to push WTI below $60 in 2026 as shale output plateaus and the market awaits a 2027 rebalancing.
U.S. crude oil prices rose more than 2% on Tuesday, coming off session highs as traders assessed whether a missile attack by Iran against Israel would lead to further escalation in Middle East. "There ...
Oil prices fell Tuesday and analysts project prices to keep coming down in the coming years. Refining stocks are holding up.