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

The world's top oil trader predicts a slight decrease in US oil production for 2025 due to weaker oil prices affecting ...

Oil demand will peak at 105.6 million barrels per day (bpd) by 2029 and then fall slightly in 2030, a table in the ...

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

If the price of crude oil does not return to around $65 per barrel, it will subtract tenths from the GDP and delay the ...

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 ...

Rather, it is geopolitical factors—specifically, escalating tensions in the Middle East—that are unsettling markets and ...

Tensions at the Strait of Hormuz risk 20M bpd in crude oil flow, fueling a sharp rally in oil futures and boosting market ...

Brent crude oil price surged on Friday, continuing the gains that started in May after Israel attacked Iran’s nuclear sites ...

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

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.