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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 ...
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 ...
The Energy Information Administration predicts a significant drop in global oil prices, with Brent crude falling from $71 to ...
The Dow Jones Industrial Average was flat yesterday while the S&P 500 continues to climb, rising another 2% to 6,468. As ...
The U.S. Energy Information Administration cut its Brent spot average crude oil price forecast for 2025 and 2026 in its latest short term energy outlook.
Oil prices slipped on Wednesday as investors perceived the risk of an industry glut. West Texas Intermediate ( CL=F) futures fell as much as 1.6% to hover above $62 per barrel. Brent crude ( BZ=F ), ...
WTI hovers near $63, Brent at $66, and natural gas tests $2.82. Technical setups point to critical breakout or breakdown ...
Global crude oil tracked by Brent futures has fallen sharply, losing over 7% in August and extending its year-to-date decline ...
Oil prices fell on Friday as concerning economic data from the U.S. and China, the world's two largest oil users, increased worries about fuel demand while investors also await the summit between U.S.
Experts warn that crude oil prices may surge to $80 per barrel due to escalating tensions between the US and Russia, ...
The NYMEX September West Texas Intermediate oil contract was 89cts lower at $62.28/bbl and October WTI was down by about the same to $61.59/bbl at about 11:30 a.m. ET. The October Brent crude contract ...
The U.S. Energy Information Administration on Tuesday forecast Brent crude oil spot prices will average less than $60 per ...