Global oil supply growth is outstripping demand, the CEO of one of the world's largest oil traders,Gunvor, said on Monday.
NEW YORK (Reuters) -Oil prices diverged on Tuesday as a maritime and energy truce between Russia and Ukraine offset concerns about tighter global supply due to threatened U.S. tariffs on countries ...
The trade in fossil fuels across borders peaked in 2017 and is set to decline as nations seeking energy security accelerate investments in renewable and nuclear power, Carlyle Group Inc.’s Jeff ...
OPEC+ has finally decided to go through with its long-delayed oil production increase ... cut of 5.85 million bpd—about 5.7% of global supply—adopted in stages since 2022 to prop up prices.
U.S. tariffs on Canada and Mexico, as well as signals about comfortable supply levels have combined to pressure oil into ending the week with a substantial loss, which, according to Reuters ...
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