Oil prices edged up in volatile trade on Monday but closed at a one-month low on the expiration of a higher-priced contract, ...
The EIA said it expects Brent crude oil prices to fall 8% to average $74 a barrel in 2025, then fall further to $66 a barrel in 2026. The EIA slightly raised its estimate for record U.S. oil ...
OLIVER BUNIC/AFP via Getty Images On Monday, Brent crude—the benchmark used for the light oil market in Europe, Africa and the Middle East—rose above $80 a barrel to its highest in more than ...
Weaker Chinese demand, strong US Shale production and end of OPEC+ cuts will force oil barrel price down anticipate investment banks Investment bank Morgan Stanley has again cut its forecast price ...
As such, this will likely be a blow because the country accounted for 50% of global oil demand growth between 2000 and 2023, averaging an annual increase of 518,000 barrels per day, according to ...
"Despite ongoing geopolitical conflicts, a combination of bearish factors will likely keep oil prices structurally low in 2025, with a likely price range of $60-$80 per barrel for Brent spot crude ...
Oil prices climbed above $80 per barrel, driven by tightening US inventories ... with nations including India saying they would bar sanctioned tankers, following the most aggressive sanctions ...
that Indian oil processors are bracing for new US sanctions that would hit flows from Russia. Brent futures rose to as much as $80.54 in London, the highest since October. The US sanctions would ...