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Oil Price - Trafigura says China oil demand to hit multiyear low in 2026
This year has seen China take advantage of lower oil prices to stock up on crude, buying about 900,000 b/d between January and August to put into storage, according to the US Energy Information ...
Oil prices fall on weak demand as markets await Ukraine peace effort for supply signs
By Katya Golubkova TOKYO, Dec 3 (Reuters) - Oil prices fell for a second day on Wednesday as investors waited to see if peace talks in the Russia-Ukraine war could open up more supply amid wider ...
Crude Oil Price Forecast: Tight Falling Channel Coils – Breakout Closer
Crude oil tightens inside a falling low-volatility channel, rejecting the 20-day MA again at $59.36 and printing lower lows toward $57.21–$57.77 support zone.
Gulf markets subdued on weak oil prices
Gulf stock markets were subdued in early Tuesday sessions on soft oil prices, while investors awaited U.S. economic data to gauge the Federal Reserve's policy path.
Oil price leaps after OPEC+ keeps output unchanged and Ukraine attacks
Oil prices edged higher on Monday after OPEC+ opted to keep production plans unchanged, while Ukrainian drone strikes on two Russian “shadow fleet” tankers revived concerns over supply disruptions.