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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
OPEC daily crude output down 0.23% in April
- Global oil demand growth forecast for 2025 revised down at 1.3 million barrels per day
16.05.2025
Oil
Oil prices fall as inventory concerns offset US-China trade optimism
- Both benchmarks fall after API data show 4.3 million-barrel rise in US crude stocks, signaling weaker demand and pressuring prices
14.05.2025
Oil
Oil prices slide as US-China tariff truce sparks optimism, supply surge looms
- US and China agree to a 90-day tariff rollback, easing trade tensions after Swiss talks
13.05.2025
Oil