Tag: global oil supply
Oil Prices Poised to Ease in 2026 Amid Global Oversupply
Oil prices are expected to move lower in 2026 as rapid supply growth pushes the market deeper into surplus, according to Goldman Sachs. The...
Trump Seeks Long-Term Grip on Venezuelan Oil, Eyes $50 Prices
U.S. President Donald Trump and his administration are preparing a long-term strategy aimed at exerting control over Venezuela’s oil industry, with the goal of...
Oil Climbs as U.S. Inventories Fall and Venezuela Risks Resurface
Oil prices edged higher on Thursday, snapping a two-day losing streak after a sharper-than-expected decline in U.S. crude inventories encouraged some investors to return...
Oil Slips as Markets Weigh Trump’s Comments on Venezuela Exports
Oil prices extended losses on Wednesday as investors absorbed comments from Donald Trump indicating that the United States had struck a deal to import...
Oil Markets Largely Unmoved by U.S. Action in Venezuela, ANZ Says
The effect of the recent U.S. incursion in Venezuela on global oil markets is expected to be limited, as deep structural challenges mean the...
Oil Prices Ease as Global Supply Offsets Venezuela Turmoil
Oil prices edged lower on Monday, as ample global supply helped offset worries about potential disruptions following the U.S. operation that led to the...
Venezuela Oil Output Set to Rise, Pressuring Prices, Analysts Say
Venezuela’s crude oil production is expected to rise gradually in the coming years following the dramatic U.S. military action and the capture of its...
Oil Prices Head for Steepest Annual Loss Since 2020
Oil prices edged slightly higher on Wednesday but remained on course for a decline of more than 15% for 2025, as rising expectations of...
Oil Prices Hold Steady as Russia-Ukraine Peace Hopes Fade, Yemen Tensions...
Oil prices were largely unchanged on Tuesday as markets reassessed weakening prospects for a Russia-Ukraine peace agreement alongside rising geopolitical tensions in the Middle...
Oil Prices Steady as Investors Await Clarity on Russia-Ukraine Talks
Oil prices were largely unchanged on Tuesday after rising more than 2% in the previous session, as investors weighed escalating geopolitical tensions against ongoing...
