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Oil heading for 2nd consecutive weekly gain with US-China trade truce
- Expectations of increased Iranian supply cap weekly gains with renewed prospects for nuclear deal
17.05.2025
Oil
Oil prices edge lower as oversupply fears mount amid nuclear deal talks
- Despite recent decline, prices remain on track for second consecutive weekly gain, supported by easing trade tensions between US and China
16.05.2025
Oil
IEA revises up oil demand growth forecast by 20,000 barrels for 2025
- Revision reflects upwardly revised GDP growth forecast and lower oil prices
20.05.2025
Oil
Oil prices fall amid surprise rise in US crude stocks, US-Iran nuclear talks
- US Energy Information Administration reports 3.5 million barrel rise in country's commercial crude oil inventories last week, reaching 441.8 million barrels
16.05.2025
Oil
US crude oil inventories up by 0.8% for week ending May 9
- Daily crude oil production increased to around 13.38 million barrels per day
16.05.2025
Oil