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Rather, it is geopolitical factors—specifically, escalating tensions in the Middle East—that are unsettling markets and ...
JP Morgan downplayed geopolitical concerns on Thursday and maintained its base case forecast for oil prices to stay in the ...
Oil prices are expected to decline in 2025 due to slowing global economic growth and increased production. Natural gas prices are forecast to rise due to strong demand, particularly in Europe and ...
However, I will answer. Oil prices will wobble around the trend line as they have been doing for the past half century. That’s called reversion to the mean. And it does matter—or at least it ...
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 ...
Oil prices dropped recently in a trend an analyst said could contribute to lower gas prices. The price for a crude oil continuous futures contract, which tracks the price of petroleum ...
The global financial markets were shaken on Friday following Israel’s airstrikes on Iranian military leaders and nuclear ...
What is the price of crude oil today? WTI futures traded at $71.08 per barrel, as of 9 a.m. ET. Year to date, WTI prices are down by 3.21%. Brent futures traded at $74.62/bbl, an increase of 0.03% ...
On June 11, the government of India announced that it reduced the Basic Customs Duty (BCD) on crude edible oils namely crude ...