Banks are cutting estimates for the average oil price this year to below $60 a barrel amid production hikes from OPEC+ and ...

Crude oil strength persists as it holds above the 200-Day MA, with recent patterns suggesting a continuation higher if resistance at $76.29 is broken.

JP Morgan downplayed geopolitical concerns on Thursday and maintained its base case forecast for oil prices to stay in the ...

We are reducing our 2025 WTI oil price forecast to $60/bbl from $65/bbl to reflect a diminished full-year global crude oil supply/demand balance. After hitting an interim high of $81/bbl on ...

The International Energy Agency maintains its forecast that global oil demand will plateau by the end of this decade, driven by factors such as increased EV sales, slowing economic growth, and ...

Twice per year, law firm Haynes Boone surveys banks that lend to the energy industry to take their pulse on where oil and gas ...

Never try and predict what the price of oil is going to be, because there’s one sure thing: You’re going to be wrong,” says ...

More than two dozen banks have cut their 2025 forecasts for oil prices in the wake of OPEC's move to accelerate production hikes later this summer, according to a new survey.

(Reuters) -HSBC revised down its Brent crude oil price forecasts for 2025 and 2026, following the announcement of tariffs by U.S. President Donald Trump and the decision by OPEC+ to increase ...

In the case of a "typical" US recession, the investment bank forecasts Brent at $58 a barrel in December 2025 and $50 in December 2026. Oil prices are sensitive to macroeconomic changes since ...

A sustained rise in the price of crude oil, which jumped sharply after Israel attacked Iran, could hurt consumers and ...