Economics ❯Market Trends ❯Oil Prices

Supply and Demand

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OPEC+ Approves 548,000 Bpd Boost for August

The alliance now has 280,000 bpd left to restore from its initial cuts under a strategy to reclaim market share.

Israel-Iran Attacks Target Energy Infrastructure, Sending Oil Prices Soaring

IEA Forecasts Peak Oil Demand by 2029 as Capacity Growth Outpaces Consumption

Oil Prices Decline as Trade War and OPEC+ Supply Moves Weigh on Market

Oil Prices Stabilize After Short-Covering, But Tariff and Supply Concerns Persist

Oil Prices Hit Three-Year Low as OPEC+ Boosts Production and Trump’s Tariffs Weigh on Demand

BP Faces $600 Million Profit Hit Amid Weak Refining Margins