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Oil Settled Nearly $1 Lower as Trump-Putin Talks Loom

HOUSTON (Reuters) -Oil prices closed down nearly $1 on Friday as traders awaited talks between U.S. President Donald Trump ...
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EIA forecasts steep drop in Brent crude prices in coming months

The Energy Information Administration predicts a significant drop in global oil prices, with Brent crude falling from $71 to ...

BofA sees rising oil surplus from OPEC+ output pushing Brent below $60 in H2

Bank of America said Thursday it expects Brent crude prices will drop below $60/bbl in this year's H2, as rising production by OPEC+ will increase the crude oil market surplus. BofA forecasts an ...

Oil prices climb 2% to 1-week high as Fed rate cut, Trump-Putin talks loom

Oil prices climbed about 2% to a one-week high on Thursday after U.S. President Donald Trump warned of "severe consequences" ...

BofA Sees Oil Surplus Growing on OPEC+ Output; Brent Below $60 in 2H -- OPIS

BofA said, however, Brent oil price could rebound above $70/bbl by the summer of 2026 due to a combination of easier global monetary policy, a weaker dollar, more disciplined OPEC+ production and ...

Crude Oil: Here's your trading strategy for August 12; key levels inside

Geopolitical developments are a primary driver of market uncertainty. The Trump-Putin talks could either ease concerns over ...

Key Oil Marker Highlights Import Shifts as US Pressures India

A closely-monitored oil market metric that tracks the strength of Middle Eastern crude versus global benchmark Brent ...

Brent crude oil may hit $80 per barrel: Indian refiners may struggle - how will unavailability of Russian oil impact prices?

As tensions between the US and Russia rise, oil prices could soar to $80 per barrel, impacting Indian refiners and global ...

Oil Futures Settle Lower Ahead of U.S.-Russia Summit

Crude futures returned most of the previous day’s gains as traders remained cautious ahead of the meeting between Presidents Trump and Putin about ending the Russia-Ukraine war.