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Oil prices rose over 2% on Friday as the International Energy Agency said the market was tighter than it appears, while U.S.
Oil futures extended gains and were on track to end the week higher on strong seasonal demand and lingering geopolitical risk premium around the Middle East.
In the assessment of 12-month price targets, analysts unveil insights for Intercontinental Exchange, presenting an average ...
3d
Capital Market on MSNMarket Speak: EIA trims 2025 forecast; sees Brent plunging to $58 by 2026The EIA now expects US crude output to grow by only 160,000 barrels per day in 2025, reaching 13.37 million barrels per day - a cut of 50,000 barrels from June's forecast.
The US Energy Information Administration (EIA) forecast that Brent crude oil prices will average below $70 per barrel in 2025 ...
The agency cut its 2026 Brent price estimate to $58 a barrel from $59 previously. The EIA sees West Texas Intermediate crude, the U.S. benchmark, averaging $65 a barrel this year and $55 in 2026, ...
MOSCOW, July 8. /TASS/. Brent oil futures with delivery in September 2025 climbed above $70% at the London-based ICE for the first time since April 30, 2025, according to trading data. Brent prices ...
Goldman Sachs commodity analysts are sticking to their forecast for Brent to average $59 a barrel by the fourth quarter of this year and $56 in 2026, following a bigger-than-expected production rise ...
5d
Arabian Post on MSNOPEC+ Supply Ramp-Up Stirs Global Market ShiftDubaiOPEC+ has opted to raise oil production by approximately 548,000 barrels per day in August, marking a sharp departure from earlier plans and surprising markets worldwide. The move, confirmed in a ...
Nigeria has been left out of OPEC’s 548,000 bpd crude output increase due to poor production despite incentives and ...
Oil futures slipped slightly in thin holiday trading on Friday evening, as the market looked ahead to this weekend's OPEC+ ...
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