LONDON (Reuters) -The global oil market is set to tighten in the medium to longer term, recovering from short-term weakness, executives from oil majors and trading houses said on Tuesday. Rising ...

Oil prices have come under a fair amount of pressure this year, with the market worried about demand and the surplus outlook for 2025. Even after a handful of OPEC+ members decided to further delay ...

Institutional oil market forecasts are agenda-driven; EIA's delayed surplus prediction is bullish for oil, despite market focus on bearish aspects. EIA's optimistic U.S. production growth may be ...

Latest OPEC MOMR sees oil market surplus. OPEC sees slower crude demand growth than the IEA. OPEC may be moving to cut production again after it wound down output cuts completely in August. According ...

The global oil market faces an even bigger surplus next year of as much as 4.09mn barrels per day as Opec+ producers and rivals lift output and demand growth slows, the International Energy Agency ...

Learn the difference between consumer surplus and economic surplus, how the concepts are related, and the important ...