News

Banks are cutting estimates for the average oil price this year to below $60 a barrel amid production hikes from OPEC+ and ...
JP Morgan is sticking to its base-case oil price forecast for 2025, projecting Brent crude will trade in the low-to-mid $60s, ...
JP Morgan downplayed geopolitical concerns on Thursday and maintained its base case forecast for oil prices to stay in the ...
Never try and predict what the price of oil is going to be, because there’s one sure thing: You’re going to be wrong,” says ...
Tensions at the Strait of Hormuz risk 20M bpd in crude oil flow, fueling a sharp rally in oil futures and boosting market ...
Brent crude oil price surged on Friday, continuing the gains that started in May after Israel attacked Iran’s nuclear sites ...
We are reducing our 2025 WTI oil price forecast to $60/bbl from $65/bbl to reflect a diminished full-year global crude oil supply/demand balance. After hitting an interim high of $81/bbl on ...
Citi has revised its oil price outlook for 2025, citing heightened geopolitical risks surrounding Russia and Iran. The bank’s updated forecasts suggest increased volatility in the oil market ...
More than two dozen banks have cut their 2025 forecasts for oil prices in the wake of OPEC's move to accelerate production hikes later this summer, according to a new survey.
Brent crude oil price crashed on Friday amid rising trade tensions, and the downtrend may continue after the latest OPEC+ meeting ...