“The oil price is currently defenseless. Seasonal demand in the northern hemisphere summer may obscure the impact for a bit, but eventually there will be too much crude oil in...
The global oil industry has been on alert since oil prices dropped below $60/bbl. Investment in the US Lower 48 tight oil sector has shown notable sensitivity.
Uncertainties surrounding US President Donald Trump’s tariff policies disrupted the markets' initial trajectory and raised concerns about the broader economy and demand prospects...
The global oil market is feeling the impact of intensifying trade tensions and a softening economic outlook, prompting a downward revision in demand growth for the year.