“Under current conditions, global demand for crude oil is greater than supply by a slim margin, but supply will likely outstrip demand late in the third quarter or early fourth quarter, or once ...

12 May 2025 09:01:34 GMT WTI crude oil futures slid 3.2% to $56.40 per barrel on Monday following OPEC+’s decision to raise production by 411,000 barrels per day in June. This marks the second ...

U.S. crude oil inventories rose for a third consecutive week and gasoline ... The EIA estimated U.S. crude-oil production at 13.5 million barrels a day, virtually unchanged form a week before.

Goldman Sachs has slashed its oil price forecast for a third time in one month after OPEC+ ... raise collective output by 411,000 barrels per day (bpd), nearly triple the volume originally scheduled.

JAKARTA: Malaysian palm oil futures extended losses into a third session on Wednesday, dragged down by lacklustre performances in Chicago soyoil and Dalian vegetable oils, while strong export data ...

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