Global World News Oil Prices Fall As Reality Of Weak Global Demand Overtakes Risk Of Wider War In Middle East

Global Oil Prices Fall As Trump-Putin Summit Sparks Supply And Demand Speculation

Oil prices inched lower in early trade on Friday, setting the stage for a weekly loss, as markets weighed the impact of an unexpected diplomatic meeting between US President Donald Trump and Russian ... Read More

Oil set for weekly loss as global conflicts ease, signs of glut emerge

Oil prices managed small gains on Friday but were headed for a weekly loss of nearly 3% after the IEA forecast a growing glut and U.S. President Donald Trump and Russian President Vladimir Putin ... Read More

Crude Prices Fall on Trade Tensions and the Outlook for a Global Supply Glut

November WTI crude oil (CLX25) today is down -1.08 (-1.82%), and November RBOB gasoline (RBX25) is down -0.0242 (-1.31%). Crude oil and gasoline prices are sliding today, with crude falling to a ... Read More

Without geopolitical risk, oil prices fall on supply glut

Absent any new geopolitical risk premium, crude markets this week focused on supply-side concerns resulting in a steady stair-step lower. This was a continuation of the ... Read More

Oil Prices Fall With Expected Low Demand, Upcoming Supply Boost

HOUSTON (Reuters) -Oil prices fell on Friday as traders looked toward weaker demand in the U.S., the world's largest oil market, and a boost in supply this autumn from OPEC and its allies. Brent crude ... Read More

S&P Global Warns Brent Could Fall to $55 as OPEC+ Floods Market

Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. S&P Global expects Brent crude prices to drop to $55 per barrel by the end of the year as a ... Read More

Oil prices fall as inventory report reflects demand weakness

Oil prices settled lower on Wednesday after U.S. inventory figures showed demand weakening for refined products as global COVID-19 cases spiked. Read More