News

Oil prices climbed significantly on Friday, June 13 after Israel launched an airstrike against Iran in response to its ...
Tensions at the Strait of Hormuz risk 20M bpd in crude oil flow, fueling a sharp rally in oil futures and boosting market ...
International oil futures markets use Brent Blend ... That’s $10 per barrel less than its projection in November. The oil price prediction for the remainder of 2025 and 2026 is for costs ...
Oil prices soared on Friday as tensions in the Middle East flared, with Israel attacking Iranian military and nuclear targets ...
Global Energy Show Canada attendees enthusiastically repeated positive oil forecast despite reports showing steep drop over ...
Banks are cutting estimates for the average oil price this year to below $60 a barrel amid production hikes from OPEC+ and ...
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 surging after Israel’s attacks against Iran, with Brent crude futures jumping as high as $78.50 a barrel—their ...
The low forecast came in at $55 per barrel ... showed that the company expects the NYMEX WTI basis nearby future crude oil price to average $79 per barrel in the third quarter of 2024, $84 ...
Major Wall Street banks significantly cut their oil price forecasts for the remainder of the year amid growing fears that a prolonged trade war between the U.S. and China will weaken global demand ...
Barclays lowered its Brent oil price forecast by $4 per barrel to $66/bbl for 2025 and by $2 to $60/bbl for 2026, citing the decision by OPEC+ to accelerate oil production hikes.