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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 ...
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 ...
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.
Experts warn that crude oil prices may surge to $80 per barrel due to escalating tensions between the US and Russia, ...
The U.S Energy Information Administration (EIA) on Tuesday predicted that Brent crude spot prices could average below $60 per barrel in the fourth quarter, a level not seen since 2020. A statement by ...
The U.S. Energy Information Administration on Tuesday forecast Brent crude oil spot prices will average less than $60 per ...
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 ), ...