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The IEA’s report signals a challenging outlook ... pandemic stabilization of consumption. The U.S. dollar’s rally to a one-year high continued to exert downward pressure on oil prices by ...
The global financial markets were shaken on Friday following Israel’s airstrikes on Iranian military leaders and nuclear ...
Markets today face sharp losses as oil news drives risk-off moves amid Middle East tensions and U.S. consumer sentiment data.
(Reuters) - Analysts have revised down their oil price forecasts for the third consecutive month as swelling OPEC+ supply and lingering uncertainty around the impact of trade disputes on fuel ...
Since our last report oil ... the price action has interrupted its upward movement underscored by the breaking of the upward trendline active since the 5th of May, we switch our bullish outlook ...
There's even a risk that the outlook could deteriorate further, he said. "These expectations assume a stabilization of oil prices around the current levels and [that] tariffs hold at the current ...
The Nigerian naira fluctuated well below N1600/$ on Thursday in the unofficial market, amid higher oil prices and investor concerns ...
Israel’s strike on Iran has injected a fresh bout of geopolitical risk into an oil market that has been in the doldrums due to concerns about the global economy and supply increases from OPEC+.
By Rebecca F. Elliott Reporting on energy U.S. oil prices fell sharply, briefly dipping below $60 a barrel on Sunday — their lowest level in almost four years — as the economic fallout from ...
Oil prices are at their lowest levels since the spring of 2021. At Thursday's close, a barrel of West Texas Intermediate crude was $59 a barrel, down from $74 at the start of January. The last ...
Brent projected to average $66.98 per barrel in 2025 WTI to average at $63.35 per barrel in 2025 For table of crude price forecasts, click May 30 (Reuters) - Analysts have revised down their oil ...