Crude oil outlook turns bearish with rising recession odds, weak demand, and OPEC+ supply hike. Key support levels now in ...
Major oil producers announced a bigger-than-expected output boost for May, even as Trump’s tariffs tank crude prices.
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 ...
Goldman Sachs has significantly lowered its oil price forecasts for 2025 and 2026, citing OPEC+'s increased production and ...
Oil tanked on Thursday after OPEC+ decides to increase output more than expected, adding to losses sparked by Trump's tariff ...
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Crude oil faces U.S. tariffs and supply risks
Crude oil futures were relatively stable ahead of the U.S. trade policy announcement as market participants remained cautious, awaiting clarity on how tariffs may affect crude demand. Thinner trading ...
Crude oil futures decline as OPEC+ increases production; market dynamics impacted by US tariffs, impacting global energy ...
Brent Oil Futures dropped approximately $10 a barrel since Thursday. The implementation of new tariffs and a surprise OPEC+ supply ...
Goldman Sachs has revised its forecast for Brent crude oil's average price for the year, lowering it by 5.5% to $69 per ...
Oil prices swooned on Thursday to settle with their steepest percentage loss since 2022, after OPEC+ agreed to a surprise ...
Oil prices have sold off heavily as the market deals with a potential demand hit from tariffs and a surprise supply increase ...