Analysts are holding their oil price forecasts largely unchanged as rising OPEC+ output targets and lacklustre demand offset ...
What we do know is the ETF continues to be a good value, with a price-to-earnings ratio of just 16.9 compared to 28.9 for the ...
StanChart has finally joined the bear camp, slashing its 2026 and 2027 oil price outlook by $15 per barrel, triggered by the ...
WTI crude oil slides to $56.8 amid record seaborne storage of 1.24 billion barrels. Click here for more information on WTI ...
As falling crude prices and rising debt levels place pressure on profits, some analysts are warning that the sector’s current rates are unsustainable.
The organization said the implied market surplus of 2.7 million b/d in the third quarter of this year, the largest since 2020, underscores the persistence of the oversupplied market. While stockpiling ...
Crude prices look set for a deeper plunge as signs grow that the world’s oil surplus is bigger than anyone expected.
A senior executive from shipping major Maersk has joined the chorus of bearish oil price predictions following OPEC+’s decision last Sunday to extend their production hikes for another month. “I think ...
Capitalism dictates that supply is driven by demand and vice versa, meaning that the person who can predict what’s coming down the line has landed on an infinite gold mine. A lot of time and money is ...