Tuesday closed up +3.07 (+4.28%), and July RBOB gasoline (RBN25) closed up +0.0520 (+2.34%). Crude oil prices rallied sharply ...

The International Energy Agency says that in 2025, the world will produce more oil than it needs, even as the Israel-Iran ...

The report warns, however, that mounting geopolitical risks, notably the intensifying Israel-Iran conflict, continue to pose ...

Affordable prices are driving additional demand for oil with persisting global competition, the Russian deputy prime minister noted ...

The targeted level of OPEC+ output within the agreement considering voluntary adjustments and overproduction compensations in May stood at 34.03 mbd ...

"Oil markets are going through a fundamental transformation as the drivers of global oil supply and demand patterns shift," the agency said. "Over the past decade, oil market dynamics have been ...

In a separate report on the outlook to 2030, the IEA forecast that oil supply would continue to outstrip demand over the next ...

Russian President Vladimir Putin's energy point man said on Tuesday that there was a global need for more volumes of oil and ...

Bahrain’s non-energy sector growth prospects remain positive, though the projected pace of expansion has been slightly ...

Russian Deputy Prime Minister Alexander Novak on Tuesday said oil prices are "not appropriate" for most producers, and that oil prices will rise as market shocks are absorbed, Russian state news ...