News

After several months of volatility in the market, a new forecast is predicting slightly stronger oil prices for the rest of ...
The U.S. will produce less oil in 2025 than previously expected as declining oil prices have prompted U.S. producers to slow ...
Oil bull Josh Young tells CNBC's Dan Murphy that OPEC's latest World Oil Outlook forecast could set the stage for a long-term ...
In its July Short Term Energy Outlook, the agency increased its price forecast for West Texas Intermediate through the end of ...
Crude oil slips over 1% as OPEC+ output hike and weak China demand weigh on prices. Traders brace for volatility amid rising ...
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.
RBC Capital Markets also raised its oil prices forecasts for next year—albeit by just a dollar or two. WTI is now seen averaging $51 next year, up from the previous $50 a barrel forecast, ...
Oil Price Forecast For 2024 – Oil Will Test The $90 Level December 31, 2023 — 08:00 am EST. Written by Vladimir Zernov for FX Empire -> FXEmpire.com - Key Insights. Oil markets moved lower at ...
Oil prices are predicted to hold above $80 a barrel this year, with analysts polled by Reuters revising up their 2024 forecasts for a second time on expectations supply will lag demand amid ...
Daily Light Crude Oil Futures Global Economic Forecast for 2024 Economic Growth Projections. The International Energy Agency (IEA) revised its oil demand growth forecast for 2024 to 930,000 ...
The U.S. Energy Information Administration (EIA) has revealed its latest Brent and West Texas Intermediate (WTI) oil price forecasts in the July edition of its short-term energy outlook (STEO).
Analysts reduce price forecast: Reuters poll. The experts in the monthly Reuters poll now see Brent Crude prices averaging $82.86 per barrel this year. Oil prices continued to be under pressure ...