Oil prices edged lower on Thursday, extending losses from the previous session, after a report showing rising crude ...

Oil prices fell more than $2 a barrel on Wednesday, weighed down by an OPEC report saying global oil supply will match demand ...

Oil prices fell for a second day on Thursday as an industry report showing rising crude inventories in the U.S., the world's ...

Crude oil prices fell sharply, pressured by mounting concerns of an oversupplied market after OPEC said it now expects a ...

World oil supply is expected to match demand next year in a reflection of the wider OPEC+ group's production increases, an ...

Members of the Organization of Petroleum Exporting Countries and their allies decided over the weekend to boost oil output by ...

Oil prices fell sharply on Wednesday after OPEC said it now expects the global market to be balanced in 2026, abandoning its ...

Oil prices tumbled over 2.5% as new projections from OPEC and the IEA indicated a more balanced, softer market outlook and political uncertainty in Washington dampened near-term consumption forecasts.

Heading into 2026, Opec’s data does indicate a surplus, though on a more moderate scale than other forecasters.

Oil futures tumbled midday after OPEC and allied producers signaled that global supply could match demand by 2026, a shift from earlier deficit projections. As of 11:40 a.m. ET, NYMEX crude oil ...

There are currently serious fears about a glut in the oil markets – too much oil. And an abundance of oil has the effect of ...