The supply of crude oil is limited, however, and cannot be increased further, since it has become increasingly difficult to find and develop new oil reserves in recent years. As a result ...

The EIA sees most of the production growth coming from countries outside of the Organization of Petroleum Exporting Countries and its allies. Its estimate for U.S. production was revised down to 13.4 ...

StanChart has turned bearish on oil, slashing its 2025 forecast by $16 to $61/bbl amid recession fears. Manufacturing is a ...

Brent crude oil chart by TradingView The ... will increase its production from the current 13.5 million barrels a day to over 15 million in the next few years. OPEC+ members also voted to increase ...

If there is one thing that is almost certain in the current global crude oil market, it's that the stated reasons for the ...

Oil prices fell to a four-year low in April and are expected to drop further amid uncertainties about global economic ...

NASDAQ 100, Dow Jones 30 and S&P 500 Forecast – US Indices Continue to Look BullishFri, 02 May 2025 14:40:20 GMT EUR ... s low, the current bearish correction has crude oil down by 28%.

During the early hours on Tuesday, the Light Sweet Crude ... oil markets look miserable. However, it's also worth noting that the area below the $60 level has been crucial for multiple years ...