An oil supply shock may not only be imminent but also inevitable given the tightness of the global oil market, the continued resilience of oil demand and the ever-shrinking global spare oil ...

American refiners are relying on oil supplies from the country’s biggest shale basins more than ever as flows of denser ...

A series of oil supply disruptions across the globe has helped push Brent crude prices above $81 a barrel for the first time since April.

Occidental’s CEO Sees Oil Supply Crunch from 2025 By Charles Kennedy - Jan 16, 2024, 11:00 AM CST The ratio of discovered resources versus demand has dropped in recent decades and is now at ...

Crude oil prices have sagged in recent weeks amid a surge in supplies. Some analysts are pointing to an autumn drop in global demand as the culprit. Futures on WTI crude oil, the U.S. benchmark ...