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Oil prices retreat on supply surplus concerns

Oil prices retreat on supply surplus concerns

- Expectations of demand lagging behind rising output weigh on market sentiment

10:09 Oil

Oil prices steady as markets weigh Ukraine peace deal, Russia sanctions

Oil prices steady as markets weigh Ukraine peace deal, Russia sanctions

- Prospects of possible Ukraine peace deal and easing of US Russia sanctions, along with Fed uncertainty, keep crude under pressure

24.11.2025 Oil

US oil rig count up by 2 for week ending Nov. 21

US oil rig count up by 2 for week ending Nov. 21

- Number of US oil rigs dropped by 60 compared to one year ago

22.11.2025 Oil

Oil set for weekly fall on easing geopolitical risks, weak US demand

Oil set for weekly fall on easing geopolitical risks, weak US demand

- Prospects of US-Russia diplomacy, weaker Fed cut expectations weigh on sentiment

21.11.2025 Oil

Oil prices fall on Russia sanctions, weaker Fed cut expectations

Oil prices fall on Russia sanctions, weaker Fed cut expectations

- Hopes for Ukraine peace, prospect of higher Russian supply weigh on market

21.11.2025 Oil

US imposes new sanctions on Iranian oil network

US imposes new sanctions on Iranian oil network

- State Department and Treasury target dozens of entities, vessels and aircraft

21.11.2025 Oil

US crude stock draw supports oil prices amid Russia-Ukraine diplomacy

US crude stock draw supports oil prices amid Russia-Ukraine diplomacy

- Partial rise in prices was driven by a larger-than-expected decline in US crude oil inventories

20.11.2025 Oil

US crude oil inventories down by 0.8% for week ending Dec. 14

US crude oil inventories down by 0.8% for week ending Dec. 14

- Daily crude oil production decreases to around 13.83 million barrels per day

20.11.2025 Oil

Oil prices retreat on weak US demand signals

Oil prices retreat on weak US demand signals

- High US stockpiles pressure prices while geopolitical risks limit losses

19.11.2025 Oil

Oil falls as Russian shipments resume, Fed uncertainty weighs on markets

Oil falls as Russian shipments resume, Fed uncertainty weighs on markets

- Restart of oil shipments on Sunday after 2-day halt ease supply concerns and put additional downward pressure on prices

18.11.2025 Oil

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Saudi tanker carrying 650,000 barrels of crude oil arrives at Syria’s Baniyas port

Saudi tanker carrying 650,000 barrels of crude oil arrives at Syria’s Baniyas port

- Shipment is 1st of its kind, provided as support to Syrian government

18.11.2025 General

Türkiye's oil imports up 30.1% in September

Türkiye's oil imports up 30.1% in September

- Crude oil imports rose by 62.4% to 2.74 million tons in September, latest data shows

16.11.2025 Oil

US oil rig count up by 3 for week ending Nov.14

US oil rig count up by 3 for week ending Nov.14

- Number of US oil rigs dropped by 61 compared to one year ago

15.11.2025 Oil

Oil set for weekly rise on IEA demand boost, easing US shutdown concerns

Oil set for weekly rise on IEA demand boost, easing US shutdown concerns

- IEA's upgraded demand outlook, geopolitical risks, and a drop in global output lift oil prices

14.11.2025 Oil

Oil rises on IEA outlook shift and Russia-Ukraine tension

Oil rises on IEA outlook shift and Russia-Ukraine tension

- Upward demand adjustments and lower output projections from IEA add support to prices already buoyed by geopolitical risk

14.11.2025 Oil

US crude oil inventories up by 1.5% for week ending Nov. 7

US crude oil inventories up by 1.5% for week ending Nov. 7

- Daily crude oil production increases to around 13.86 million barrels per day

14.11.2025 Oil

IEA revises up global oil demand growth forecast

IEA revises up global oil demand growth forecast

- IEA revises up its 2025 oil demand growth forecast to 790,000 bpd from 710,000 bpd

13.11.2025 Oil

Oil prices fall amid rising supply and weak demand outlook

Oil prices fall amid rising supply and weak demand outlook

- Weak US demand signals, EIA forecasts, and OPEC output rise weigh on market sentiment

13.11.2025 Oil

US raises oil price forecast for 2025, 2026

US raises oil price forecast for 2025, 2026

- US agency projects 2025 averages at $68.76 for Brent and $65.15 for WTI with prices expected to fall from year-end into 2026

13.11.2025 Oil

OPEC crude oil production up 33,000 barrels per day in October

OPEC crude oil production up 33,000 barrels per day in October

- Organization maintains its global oil demand growth forecast for both 2025 and 2026

12.11.2025 Oil

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Oil prices slip as oversupply fears weigh on market

Oil prices slip as oversupply fears weigh on market

- OPEC+ output plans, weak Chinese demand, and Russia sanctions add pressure to market sentiment

12.11.2025 Oil

Russia's budget deficit up to $51.9B in first 10 months of 2026 due to increased spending

Russia's budget deficit up to $51.9B in first 10 months of 2026 due to increased spending

- Deficit in first 10 months of year $53.1B higher than a year earlier, according to Russian Finance Ministry data

12.11.2025 General

Oil falls as supply glut fears outweigh optimism over US government reopening

Oil falls as supply glut fears outweigh optimism over US government reopening

- Prices decline amid ongoing concerns about excess supply and unclear impacts of US sanctions on Russian oil producers

11.11.2025 Oil

Oil prices climb as hopes grow for end to US government shutdown

Oil prices climb as hopes grow for end to US government shutdown

- End to government shutdown could pave way for a rebound in air travel during winter holiday season, when oil demand typically rises

10.11.2025 General

US oil rig count remains unchanged for week ending Nov. 7

US oil rig count remains unchanged for week ending Nov. 7

- Number of US oil rigs dropped by 65 compared to one year ago

08.11.2025 Oil

Oil prices inch up as Western sanctions on Russia tighten supply

Oil prices inch up as Western sanctions on Russia tighten supply

- Sanctions by US and Europe continue to drive market sentiment amid demand concerns

07.11.2025 Oil

Oil prices rise on falling US gasoline stocks, easing oversupply concerns

Oil prices rise on falling US gasoline stocks, easing oversupply concerns

- Data showing decline in US gasoline inventories reinforced expectations of strong demand in world's largest oil consumer, supporting prices

06.11.2025 Oil

US crude oil inventories up by 1.3% for week ending Oct. 31

US crude oil inventories up by 1.3% for week ending Oct. 31

- Daily crude oil production increased to around 13.65 million barrels per day

06.11.2025 Oil

Oil edges higher as oversupply and demand concerns ease

Oil edges higher as oversupply and demand concerns ease

- Market analysts say with global demand growth slowing, upside for prices in short term remains constrained

05.11.2025 Oil

Oil prices ease over possible supply surplus, weaker US manufacturing sector

Oil prices ease over possible supply surplus, weaker US manufacturing sector

- Investors interpret OPEC+'s move as a signal of potential supply surplus next year, putting downward pressure on prices

04.11.2025 Oil

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