News

Brent crude oil price remains under pressure as it faces a double whammy of weak demand and high supplies in the coming ...
(Reuters) -HSBC revised down its Brent crude oil price forecasts for 2025 and 2026, following the announcement of tariffs by ...
The U.S. Energy Information Administration cut its Brent spot price forecast for 2025 and 2026 in its latest short term ...
According to its April STEO, the EIA now sees the Brent spot price averaging $67.87 per barrel in 2025 and $61.48 per barrel in 2026. In its previous STEO, which was released in March, the EIA ...
Goldman Sachs revised down its annual average price forecasts again for Brent and WTI crude in 2026, citing increased ...
U.S. tariffs and the trade war between the United States and China will likely weigh on economic growth this year and are ...
Contributing to this uptick were reduced refinery run rates ... to gauge future price trajectories. Daily Light Crude Oil futures stand at $83.14, above the 200-Day moving average of $77.67 ...
(Reuters) - Goldman Sachs lowered its forecast for Brent crude's average price this year ... said it now expects oil demand to grow by only 600,000 barrels per day (bpd) this year, down from ...
The direct effect of tariffs on many of the GCC economies is relatively limited as at 10 per cent the rate is lower compared ...
Brent crude oil prices are projected to average $73/bbl in 2025 ... demand is expected to increase by 1.1 million barrels per day in 2025, non-OPEC production is forecasted to rise by 1.4 million ...
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 production, the bank ...