Oil prices have fallen by around 3pc today as markets bet on higher supply from the US and sluggish demand from China.

His primary focus in this regard seems to be on increasing oil and gas drilling, something which ... Since demand for OPEC oil is projected to drop by 1 mb/d next year by the IEA, effective ...

Non-Opec production would increase ... “We will drill, baby, drill,” he said. Brent Crude, the global benchmark price for oil, is down 2.7pc, having fallen as much as 3.1pc today.

U.S. and global economic growth could slow down if the incoming Trump administration imposes additional tariffs, leading to ...

Given that oil demand growth next year probably won't be much more than 1 million barrels a day, a full unwinding of OPEC+ ...

“We will drill, baby, drill,” he said ... that production from countries outside of the Opec+ oil cartel would boost demand. Non-Opec production would increase by 1.4m barrels per day in ...

A supply glut tends to reduce prices, which could prove challenging for President-elect Trump’s plan to boost U.S. oil ...

Oil futures finished higher on Tuesday ... market analyst at City Index and FOREX.com. Not only is OPEC expected to slowly bring back withheld supplies after repeated delays, but drilling activity in ...

Both contracts had fallen by more than 5% over the previous two trading sessions. China on Friday unveiled a 10 trillion yuan ...