U.S. oil prices on Tuesday traded near their lowest level since February 2021. Despite what seemed like bottom-scraping price action, Goldman Sachs suggests investors short the commodity. The January ...

Investment banks and the U.S. Energy Information Administration forecast a significant oil market oversupply in 2026, driven ...

Oil prices have dropped below the $60-$80 WTI range, with a 16.7% decline year-to-date, signaling sector weakness. EIA data projects a significant global oil supply glut in 2024-2025, with inventories ...

Oil prices have been on a downward spiral this year. WTI, the primary U.S. oil price benchmark, has fallen over 13% through the end of the third quarter, putting it down near $60 a barrel. That's well ...

NEW YORK, Nov 21 (Reuters) - Oil prices eased about 1% on Friday to settle at one-month lows as the U.S. pushed for a Russia-Ukraine peace deal that could boost global oil supplies, while uncertainty ...

NEW YORK, Oct 15 (Reuters) - Oil prices eased on Wednesday to a five-month low on escalating U.S.-China trade tensions and the International Energy Agency's prediction of a supply surplus in 2026.

Recently, Bloomberg reported that five of India's largest oil refiners have made no purchases of Russian crude for December delivery, instead turning to Saudi Arabia, UAE and Iraq for crude with ...

ConocoPhillips has a long-term cost of supply below $40 a barrel. Diamondback Energy can produce enough cash to maintain its current dividend payment at $37 oil. EOG Resources is capitalizing on lower ...