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 ...

He appreciates that his undergraduate education was paid for by a program dreamed up by an oil magnate and that he ... like it have become “an echo chamber for pro-fossil-fuel narratives.” ...

How wrong the market was. Instead, the group announced it would increase the oil supply by 411k b/d in May. The group attributed the increase to healthy market fundamentals and a “positive ...

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 ...

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 ...

The International Energy Agency said the macroeconomic conditions underpinning its oil-demand projections have ... and that it sees a bigger-than-anticipated supply surplus if OPEC+ raises output ...

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 ...

NEW YORK : Oil prices edged higher on Thursday as traders assessed a tightening of crude supplies along with new U.S. tariffs and their expected effect on the world's economy. Brent crude futures ...