Oil prices were little changed on Friday after falling in the previous session, on receding concerns of an Iranian conflict.
Crude oil prices are set for a second weekly loss, pressured by fading U.S.-Iran geopolitical risk, rising U.S. inventories, and a significant demand growth cut from the International Energy Agency.
Oil prices fell sharply after a massive U.S. inventory build and a downgraded global demand forecast reinforced concerns about oversupply, even as U.S.-Iran tensions kept a geopolitical floor under ...
Oil prices eased slightly on Tuesday after U.S. guidance for vessels transiting the Strait of Hormuz kept attention on ...
World oil demand will rise more slowly than expected this year, the International Energy Agency said on Thursday, while ...
Global oil markets face increasingly sharp and frequent price shocks as geopolitical tensions, opaque stockpiling and ...
The recent rise in crude oil prices was the result of short-term supply disruptions, including the impact on production from winter storm Fern in the U.S., and will likely revert as global output ...
From years-long cultivation to climate shocks and trade tariffs, olive oil’s rising price reveals how fragile its supply chain really is.