In its June 2025 Monthly Oil Market Report, OPEC highlighted a balanced global oil market outlook despite recent price declines. The OPEC Reference Basket and major benchmarks ...

Oil prices rise sharply as Iran-Israel tensions fuel fears of supply disruptions in the Middle East. Brent crude jumped to ...

However, without a fresh supply disruption or a clear central bank signal, crude remains in a consolidation zone. Short term, ...

Bitcoin price declines slightly to around $106,000 on Tuesday following a mild recovery the previous day. Donald Trump leaves the G7 summit early to return to Washington and meet with his national ...

The International Energy Agency stressed that the forecast for this year has been lowered amid weaker demand in the US and China in the second quarter ...

The world's top oil trader predicts a slight decrease in US oil production for 2025 due to weaker oil prices affecting ...

"Oil markets are going through a fundamental transformation as the drivers of global oil supply and demand patterns shift," the agency said. "Over the past decade, oil market dynamics have been ...

In a separate report on the outlook to 2030, the IEA forecast that oil supply would continue to outstrip demand over the next ...

Achieving the company's next debt goal would transfer a lot of value from creditors to shareholders. Occidental Petroleum ( ...

Bahrain’s non-energy sector growth prospects remain positive, though the projected pace of expansion has been slightly ...

Global oil demand will keep growing until around the end of this decade despite peaking in top importer China in 2027, as ...

OPEC’s June 2025 report shows oil prices dropping to $63.62 per barrel.. OPEC Report: Oil Prices Drop, Demand Grows in June ...