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Supply and Demand

OPEC+ Global Oil Prices Price Volatility Geopolitical Factors OPEC Price Forecasting

U.S. Considers Tougher Sanctions on Russian Oil Exports as Global Demand Declines

The Biden administration explores new measures to cut Kremlin revenues, leveraging a well-supplied oil market and low prices.

Oil Prices Drop to Multi-Month Lows as OPEC+ Plans to Unwind Cuts

Oil Prices Steady Amid Mixed Supply Signals and Geopolitical Tensions

Global Oil Demand Growth Slows as Economic Activity Weakens