The recovery of the US benchmark West Texas Intermediate from $56.60 lows last week was capped on Tuesday at $58.30 …
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oversupply
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The IEA now expects a smaller—but still hefty—Oil surplus in 2025, as softer OPEC+ output and firmer demand narrow the …
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Łukasz Zembik Senior Market Analyst Łukasz Zembik has 13 years of experience in the financial markets. He specialises in foreign …
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West Texas Intermediate (WTI) US Oil trades around $59.50 on Friday at the time of writing, up 1.60% on the …
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Japan’s chemical majors are taking bold steps to weather a storm of margin pressure created by a glut of Chinese …
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WTI Crude Oil slides toward $62.00 as geopolitical tensions ease and oversupply fears mount
WTI Crude Oil trades near $62.00, pressured by easing geopolitical tensions and a rising supply outlook. Trump-Zelenskyy summit raises hopes …
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The International Energy Agency has left its forecast for Oil demand virtually unchanged and continues to expect increases of just …
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Recently suffering its worst 6-day performance in over three years, WTI crude oil has recently found support, trading ~15% higher …