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"The risks to our reduced oil price forecast are to the downside, especially for 2026, given growing risks of recession and ...
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 ...
U.S. January oil production decreased by 305 kb/d to 13,146 kb/d, 158 kb/d lower than December 2023. Click to read.
Aside from the physical groundwork of gathering and processing oil, market factors are the true price-determinants of crude oil spot prices. Crude oil market regulations control supply and dynamics, ...
(Reuters) - A plunge in oil prices below $60 per barrel due to an escalating trade war may trigger anxiety across the U.S.
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 ...
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 ...
Oil prices are under significant pressure, with Brent witnessing its largest sell-off since August 2022. Front-month prices are trading below US$70/bbl. Worse-than-expected reciprocal tariffs from the ...
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 ...
2-Year U.S. Treasury Note Continuous Contract $103.570-0.363-0.35% 5-Year U.S. Treasury Note Continuous Contract $107.805-0.727-0.67% 10-Year U.S. Treasury Note Continuous Contract $110.531-0.938 ...
OPEC+ faces compliance challenges as rising crude output complicates supply management efforts. Oil prices edged lower following a sharp rally, as markets balanced tight U.S. fuel inventories ...
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