Due to the OPEC+ decision to delay the start of supply additions to April 2025, the market surplus in 2025 may not be as large as previously feared. Another year, another set of challenges and ...

Even so, the outlook from the IEA, which advises industrialised countries, still suggests the market will be in surplus this year as supply growth led by countries outside the OPEC+ producer group ...

Mexico's share of the market for auto imports to the United States shot up to 38.5%, more than triple Canada's share.

Oil prices were higher in early Asian trade, supported in part by the delay in President Trump’s reciprocal tariffs ...

China’s trade surplus hit a record high in 2024, a symbolically potent $1 trillion. The optics of that rounded-up figure—the ...