Oil prices linger at three-month lows as a potential Iran nuclear deal threatens to unleash fresh supply onto an already oversaturated market.
Middle East oil benchmarks fell amid growing expectations of higher OPEC+ output, dragging global crude prices lower.
Brent and WTI hover near multi-month lows amid reports of progress in Hormuz negotiations, reducing the geopolitical risk premium.
Goldman Sachs lowers 2027 crude oil price estimates, pointing to an oversupplied market driven by accelerating non-OPEC output and a possible rollback…
President Trump's announcement that the U.S. is close to a deal with Iran sent oil prices lower as markets anticipate the return…
Iranian oil production plunged 19% in May, OPEC data shows, raising concerns about global crude supply and potential price spikes.
Crude oil's failure to reach $100 a barrel stems from a perfect storm of oversupply, weakening demand, and a resilient U.S. dollar…
China taps commercial oil reserves to counter Gulf supply shocks, signaling potential relief for global crude markets and easing price pressures on…
Kuwait offers crude oil to Asian buyers for the first time since a war disrupted supplies, hinting at a potential loosening of…
UAE's decision to offload bumper Gulf oil volumes for near-term loading signals a significant supply injection, threatening to depress Brent and WTI…
Russia’s first gold mining estimate in years came in above expectations, hinting at a potential supply boost that could weigh on gold…
An oil supertanker docked at Iran's Kharg Island for the first time in nearly a month, hinting at a possible recovery in…