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The U.S. Energy Information Administration on Tuesday forecast Brent crude oil spot prices will average less than $60 per ...
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 ...
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 Energy Information Administration predicts a significant drop in global oil prices, with Brent crude falling from $71 to ...
Analysts at Citibank said on Thursday their base case remains for Brent oil prices to head toward the low $60s per barrel by ...
UBS on Monday lowered its oil price forecasts, expecting Brent to remain near the upper end of the $60–$70/bbl range for now, before drifting toward the lower end later this year. The investment bank ...
Oil stocks face poor risk-reward as oversupply and weaker demand are likely to push Brent prices down to $50 by 2026. Should ...
Brent hovered near $66 as UBS turned more cautious on crude, saying prices should sit toward the upper end of $60 to $70 for ...
Investing.com - UBS has lowered its Brent crude oil forecasts, with the Swiss bank citing higher supply from South America ...
The NYMEX September West Texas Intermediate oil contract was 89cts lower at $62.28/bbl and October WTI was down by about the same to $61.59/bbl at about 11:30 a.m. ET. The October Brent crude contract ...
OPEC raised its expectations for global oil demand growth next year and lowered the supply growth forecast for producers ...