Oil Price News: Crude Faces Breakdown Risk as Supply Swells
Global energy outlooks from OPEC, IEA, and EIA reveal a clear shift toward oil oversupply through 2025-2026, driven by strong non-OPEC production and slower demand concentrated in Asia. This analysis highlights key areas of agreement across all three agencies and what it means for crude pricing, market power, and future
Oil Falls on Possible Technical Correction
Oil fell in the early Asian trade on a possible technical correction after Friday's notable price gains in both WTI and Brent.
Oil News: Will Demand Hopes Clash with Supply Fears at 52-Week Moving Average?
Crude oil nears key 52-week moving average as traders weigh short-term demand optimism against persistent global supply and inventory concerns.
Why any U.S. military strike on Venezuela could damage America's fuel supply and the global oil market
A buildup of U.S. military forces in the Caribbean Sea are raising concerns about a potential strike on Venezuela, which is home to the world's largest oil reserves.
Oil Rises Amid Possible Position Adjustments
Oil rose in the morning Asian session amid possible position adjustments.
Natural Gas and Oil Forecast: OPEC Outlook Points to 2026 Supply Glut, Prices React
Oil slips below $59 as rising U.S. inventories and OPEC's surplus outlook pressure prices; traders eye $60 support amid bearish sentiment.
Oil and Natural Gas Analysis: Bearish Breakdown in Crude, Bullish Momentum in Gas
Oil prices dropped on shifting OPEC forecasts, while natural gas shows bullish momentum, and the U.S. dollar index remains in consolidation with key levels in focus.
Oil Extends Declines Amid Headwinds
Oil extended overnight price declines in the early Asian session amid many headwinds.
Crude Oil Price Outlook – Crude Oil Drops Again on Wednesday
Oil prices plunged in early Wednesday trading, erasing previous gains as both WTI and Brent crude faced renewed selling pressure. Persistent oversupply from major producers continues to weigh on sentiment, keeping rallies limited and short-lived.
Oil Edges Lower in Possible Technical Correction
Oil edged lower in the morning Asian session, potentially reflecting a technical correction after futures rose for a third straight session overnight.
Oil prices little changed as markets eye US government reopening
Oil prices were little changed on Wednesday after rising in the previous session amid expectations that an end to the longest-ever U.S. government shutdown could boost demand in the world's biggest crude consuming nation.
Trump to Push for Oil Drilling off California Coast
A Pacific drilling plan could inflame the administration's feud with California's governor, Gavin Newsom.
