Economics ❯Market Analysis ❯Commodity Prices

Oil Market

Supply and Demand Global Demand Forecasting Forecasts Supply Chain Impact of Conflict OPEC Decisions Global Trade Production Cuts OPEC Influence

BP Forecasts Higher Second-Quarter Production Despite Price Headwinds

Lower oil and gas realizations will shave $1.1 billion from Q2 earnings, reinforcing BP’s focus on impairments and debt reduction.

US Oil Firms Lock in Record Hedges as Prices Stabilize After Israel–Iran Strikes

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

Oil Tumbles after U.S. Tariffs Return and OPEC+ Eyes Bigger July Production Increase

Oil Prices Fluctuate as U.S. Sanctions on Iran Meet OPEC+ Output Disputes

Oil Prices Surge to $80 as Sanctions Target Russian Energy Sector

OPEC+ Poised to Extend Oil Production Cuts as Market Faces Surplus Concerns

BP Reports Lowest Quarterly Profit Since 2020 Amid Falling Oil Prices

Oil Prices Fluctuate Amid Libyan Production Halt and Middle East Tensions