The scenario for Brent crude oil at $60-$65 per barrel through 2H just got stronger, Citi Research’s Francesco Martoccia said in a research report.
Citi also suggested the White House may act to increase U.S. capital expenditures following the Senate confirmation of oil industry executive Chris Wright as energy secretary. The report said every 1 ...
By Zain VawdaOil prices continue to struggle to gain any sort of bullish traction as uncertainties around tariffs and the ...
“Brent is trading down another 0.4 percent this morning to $79.9 per barrel. It is hard to track and assign exactly … from Donald Trump’s announcements yesterday, which was impacting crude ...
Goldman: "We estimate that Brent could temporarily rise to $93/bbl in a scenario where sanctioned supply falls by 1mb/d persistently for Iran and temporarily for Russia" ...
From a technical analysis standpoint, this analysis is a follow up from the technicals last week: Brent Crude – Oil Eyes Break of Key Confluence Level on Chinese Optimism. As discussed last week ...