April 4 (Reuters) - Goldman Sachs lowered its forecast for Brent crude's average price this year by 5.5% to $69 a barrel and for WTI prices by 4.3% to $66, citing the risks of higher OPEC+ supply ...

OPEC+ agreed to make a larger than expected oil supply hike in May, deepening the slump in oil prices triggered by President Donald Trump’s tariffs. The group led by Saudi Arabia and Russia will ...

Experts said oil prices are expected to remain under pressure as concerns over supply surplus escalate. “It is unclear what the group decides to do with production from June onwards. We will ...

Global crude oil exports rose in March, with notable increases from Brazil, Canada, and Russia. This increase comes just before OPEC+ is set to increase its production in April. The OPEC+ Joint ...

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Oil futures tanked more than 6% on Thursday as Trump's tariffs sent financial markets reeling and new global supply developments suggested the balance in the global oil market would remain under ...

Crude oil prices remained range-bound last week as traders balanced geopolitical risks with rising supply. While strong fuel demand provided support, bearish fundamentals—including increased U.S ...

HOUSTON, April 3 (Reuters) - Oil prices swooned on Thursday to settle with their steepest percentage loss since 2022, after OPEC+ agreed to a surprise increase in output the day after U.S ...

“The risks to our reduced oil price forecast are to the downside, especially for 2026, given growing risks of recession and to a lesser extent of higher OPEC+ supply,” Goldman analysts said in a note.

02 Apr 2025 15:35:59 GMT Crude Oil Price Outlook – Oil Continues to See Overhead ResistanceWed, 02 Apr 2025 13:42:49 GMT Natural gas and oil prices are under pressure as geopolitical tensions ...