News

Banks are cutting estimates for the average oil price this year to below $60 a barrel amid production hikes from OPEC+ and ...
The crude oil market continues to see a lot of noisy action, as the war between Israel and Iran will be front and center, as the market will continue to worry about production. The oil situation is ...
Tensions at the Strait of Hormuz risk 20M bpd in crude oil flow, fueling a sharp rally in oil futures and boosting market ...
JP Morgan downplayed geopolitical concerns on Thursday and maintained its base case forecast for oil prices to stay in the ...
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 ...
Rather, it is geopolitical factors—specifically, escalating tensions in the Middle East—that are unsettling markets and ...
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.
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 ...
Oil demand will peak at 105.6 million barrels per day (bpd) by 2029 and then fall slightly in 2030, a table in the ...
That sent the yield on the 10-year Treasury up to 4.41% from 4.36% late Thursday. Higher yields can tug down on prices for ...
Oil prices surged yesterday, ending the day with a 3.75% gain as OPEC+ surprised markets with a supply increase that came in ...