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By Sam Li and Jeslyn Lerh SINGAPORE (Reuters) -Oil prices fell on Wednesday, extending losses from the previous session, as investors weighed the International Energy Agency's warning of a supply surplus in 2026 and U.S.-China trade tensions that could curtail demand. Brent crude futures fell 21 cents, or 0.3%, to $62.18 a barrel by 0425 GMT, while U.S. West Texas Intermediate futures eased 16 cents, or 0.3%, to $58.54 a barrel. Both contracts closed at five-month lows in the previous trading session. ...

Core Viewpoint - Oil prices are experiencing a decline due to concerns over a potential supply surplus in 2026 as indicated by the International Energy Agency, alongside ongoing U.S.-China trade tensions [1] Group 1: Oil Prices - Oil prices fell in early trade on Wednesday, continuing losses from the previous session [1] - Investors are reacting to the International Energy Agency's warning about a supply surplus expected in 2026 [1] - The decline in oil prices is also influenced by the current state of U.S.-China trade relations [1]

EnglishItalianoEspañolPortuguêsDeutschالعربيةFrançaisImportant DisclaimersThe content provided on the website includes general news and publications, our personal analysis and opinions, and contents provided by third parties, which are intended for educational and research purposes only. It does not constitute, and should not be read as, any recommendation or advice to take any action whatsoever, including to make any investment or buy any product. When making any financial decision, you should perform your ...

The executives of two oil companies warned this week that tariffs resulting from the U.S. administration's trade policies were driving up costs across the energy production chain and affecting investment decisions. ...

A record oversupply of oil will be bigger than previously estimated and the excess is already starting to build up on ocean going tankers, the International Energy Agency says https://t.co/aOAwBnimc6 ...

By Ahmad Ghaddar LONDON (Reuters) -Oil prices reversed early gains and fell on Tuesday amid uncertainty about trade tensions between the U.S. and China, the world's top two economies, and as the International Energy Agency (IEA) flagged weaker fundamentals. Brent crude futures fell $1.01, or 1.6%, to $62.31 a barrel by 0817 GMT, while U.S. West Texas Intermediate crude was also down 1.6%, or 95 cents, at $58.54. Both contracts were near a five-month low. In the previous session, Brent settled 0.9% highe ...

The oil market faces an even larger surplus than previously anticipated as oil supply growth forecasts for this year and next outpace global demand. ...

BP says weak oil trading performance hit the company’s quarterly profit https://t.co/SjzVfcfIqg ...

A prognosticator became more bullish on the oil company's shares, although he hasn't changed his neutral recommendation.A second analyst price target raise in nearly as many trading days was the catalyst igniting the stock of Murphy Oil (MUR 7.51%) on Monday. Bullish investors traded the company's shares up by almost 8% on the day in response, a rate that trounced the 1.6% increase of the S&P 500 (^GSPC 1.56%).A raiser and holderMonday's raiser was Roger Read from top U.S. bank Wells Fargo. Well before mark ...