News

Oil Price Forecast Looks Grim For U.S. Producers

The EIA's recent short-term outlook for oil prices forecast a slide in oil prices potentially leading to lower rig counts and ...

Oil settled nearly $1 lower as Trump-Putin talks loom

Oil prices closed down nearly $1 on Friday as traders awaited talks between U.S. President Donald Trump and Russian leader ...

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 ...
Oil & Gas Journal3d

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 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.

Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Tests New Lows As Crude Inventories Rise

In case natural gas manages to settle above the $2.80 level, it will head towards the resistance at $3.00 – $3.05. WTI oil ...

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 ...

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

Brent crude prices could climb to $80 per barrel in the coming months amid escalating tensions between the United States and ...

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.