OPEC+’s latest increase of 411,000 barrels per day (bpd) for July, the third such hike in three consecutive months, suggests ...

Oil prices were lower and the crude market is set to be in surplus by 4Q, which may extend into 2026, Morgan Stanley said.

Global oil demand peaks by 2029, with a contraction starting in 2030, leading to a significant supply surplus. Oil companies may face strategic challenges due to excess supply, urging reevaluation ...

Consumer surplus and producer surplus figures are derived from demand and supply curve analysis. The demand curve shows how many quantities of a product consumers are willing to purchase at ...

Michael Boyle is an experienced financial professional with more than 10 years working with financial planning, derivatives, equities, fixed income, project management, and analytics. Katharine ...

OPEC+ Supply Surge Pressures ... reinforcing the surplus narrative. Adding barrels into a demand-constrained market has compressed the Brent futures curve. The prompt spread narrowed to just ...

Speaking to Business Recorder, Motiwala said the sharp drop in gas demand has resulted in a nationwide surplus, with supply outpacing consumption across both Sui Southern Gas Company (SSGC ...

"The world has 9 mbd of surplus capacity ... India's oil demand will continue to grow at around 3-4%, but global growth will remain muted, Singh added. The demand-supply imbalance has prompted ...

The International Energy Agency said the macroeconomic conditions underpinning its oil-demand projections have ... it sees a bigger-than-anticipated supply surplus if OPEC+ raises output beyond ...

SURPLUS COULD BE LARGER The report highlights the headwinds OPEC+ faces this year as growing global trade tensions could impact demand against a backdrop of robust supply growth. OPEC+ decided ...

The International Energy Agency modestly raised its forecast for global oil-demand growth and said ... OPEC+ alliance is reducing a projected supply surplus in the market. The Paris-based ...