(Bloomberg) -- Oil prices have been falling as the market faces the prospect of a growing surplus. This year is set to culminate in the first major glut since 2020. The International Energy Agency ...

The global oil balance continues to point to a substantial supply overhang, with rising observed stocks that would normally signal sharper declines in oil prices. Yet benchmark crude prices have ...

Just two weeks ago, we wrote a WCTW titled, "The Massive Oil Surplus Narrative Will Collapse Soon." In the conclusion section, we said:Oil prices are now climbing the wall of worries. Global oil ...

Oil futures handed back the previous session's gains as market concerns about oversupply outweighed geopolitical factors, including the U.S. seizure of a sanctioned oil tanker off Venezuela. U.S.

February fiscal flows added a $360B+ private sector surplus, boosting liquidity and risk assets; Fed near peak rates.

February WTI crude oil (CLG26) today is down -0.61 (-1.06%), and February RBOB gasoline (RBG26) is down -0.0253 (-1.48%). Crude oil and gasoline prices tumbled to 2-week lows today on expectations for ...

OPEC Secretary-General Haitham al Ghais criticized media coverage suggesting the group projected a 2026 oil surplus, insisting its forecast shows a balanced market. OPEC expects non-member supply to ...

The warning signal has been issued by the International Energy Agency about the state of the world market in oil, with projections of an unusual level of oil surplus in the market that would possibly ...

Oil futures handed back the previous session's gains as market concerns about oversupply outweighed geopolitical factors, including the U.S. seizure of a sanctioned oil tanker off Venezuela. U.S.