Watch for oil demand to soar to record highs this year and drive crude back up to $100, top energy trader says

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Oil storage facility in Texas
An oil storage facility in Houston, Texas.

Mark Felix/AFP via Getty Images

Joe Biden is running out of ammunition to fight the next oil crisis

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split image of Biden and Putin
President Joe Biden spoke with CNN's Jake Tapper on Tuesday about Russian President Vladimir Putin's war in Ukraine.

Julio Cortez, Gavriil Grigorov/AP

Oil prices rise as the outlook for China's demand brightens and after Turkey's earthquake ignites supply concerns

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oil rig

Jason Kozlowski / EyeEm

OPEC+ may need to lift its oil output given signs China's reopening could deliver a strong boost to demand, IEA chief says

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People wait to cross a busy street intersection during evening rush hour on May 30, 2022 in Beijing, China.
Chinese demand for oil is showing signs of a strong recovery.

Kevin Frayer/Getty Images

Oil's bull story for 2023 is China's reopening, but that could be derailed if Beijing can't stay the course on its retreat from zero-COVID policy, RBC's Helima Croft says

Tech Insider : Economy
A staff member fills up a car at a gas station in Nanjing, Jiangsu Province, China.
A staff member fills up a car at a gas station in Nanjing, Jiangsu Province, China.

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