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Asia is poised to import record volumes of crude oil this month as top importers boost purchases amid strong runs and a changing geopolitical situation. Asia, the key oil-importing and…

Jan 28, 2026 · Detailed analysis of crude oil price movements and crude oil news which looks at geopolitics and technical advancements affecting the oil sector. | Page 1

Jan 29, 2026 · If paired with sanctions relief, the changes could mark a true reopening of Venezuela’s oil sector, shifting policy from ideological rigidity toward pragmatic, investment-led recovery.

Sep 11, 2020 · Find U.S. and Canadian rig count and drilling data, and use Oilprice.com's graphing tools to compare oil prices, frac spread, production and drilling data per basin or province.

Dec 9, 2025 · Oil prices are set to average below $60 per barrel next year, investment banks have said in their latest forecasts in recent weeks.

Apr 7, 2025 · Oil prices fell due to concerns about President Trump's tariffs and potential global recession, with West Texas Intermediate crude briefly dipping below $60 per barrel.

Nov 22, 2025 · The IEA’s new outlook projects rising oil demand through 2050, reflecting stalled climate commitments, surging power needs from AI, and continued global reliance on fossil fuels.

Feb 13, 2026 · From Monday, January 19, through Thursday, January 22, 2026, WTI crude oil moved on geopolitical noise, U.S. inventory surprises, and shifting demand assumptions.