Wall Street Banks See Oil in the Low $70s. Rising supply and potentially weaker-than-expected demand are set to keep oil prices in check this year, with the price likely to average in the low $70s ...

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 ...

Murphy Oil Corporation MUR recently announced that its unit has entered into a Purchase and Sale Agreement to acquire the BW Pioneer floating production storage and offloading vessel (“FPSO ...

Meanwhile, the agency still expects global oil supply to exceed demand, now forecasting a surplus of ~600K bbl/day with a potential addition of 400K bbl/day to the market if OPEC+ raises output ...

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 ...

Given all the options for motor oil options out there, choosing the right oil for your car might seem like a daunting task. While there is a mountain of information about the various oil choices ...

Oil prices rose on Tuesday for a fifth day on concerns that global supply will reduce after the U.S. announced tariffs on countries that buy Venezuelan crude. Brent crude futures were up 31 cents ...

NEW YORK, March 21 (Reuters) - Oil prices settled higher on Friday and ... the OPEC+ producer group raised expectations of tighter supply. Brent crude futures rose 16 cents, or 0.2%, to settle ...

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 ...

The target company is listed on the Indonesia Stock Exchange (IDX), and is primarily engaged in the business of oil palm plantation ... reliability of feedstock supply to the group’s 1. ...

Some argue that financial speculation plays a role larger than supply and demand fundamentals in driving oil price volatility. What do we know about the influence of derivatives trading on oil ...