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Brazil is oil market wildcard after near-million-barrel plunge

(Bloomberg) -- Brazil's rebound from a stunning collapse in oil production promises to complicate OPEC's efforts to micromanage global supplies and prices.Most read on...

‘Unthinkable’: alarm bells for climate as Opec move sets stage for oil glut

The International Energy Agency forecast this month that global oil capacity in 2030 may exceed demand, which could lead to a bearish trend for...

Big Oil given stark warning as peak crude and a major supply surplus expected by 2030

Aerial view taken on May 20, 2024 shows the Olmeca oil refinery belonging to the company Petroleos Mexicanos (PEMEX), which along with six...

Big Oil warned by IEA that peak crude and a major supply surplus are on the horizon

An oil pumpjack is shown near the Callon Petroleum vicinity on March 27, 2024 in Monahans, Texas.Brandon Bell | Getty Images News | Getty...

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