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 ...

The U.S. Energy Information Administration on Tuesday forecast Brent crude oil spot prices will average less than $60 per ...

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 ...

Analysts at Citibank said on Thursday their base case remains for Brent oil prices to head toward the low $60s per barrel by ...

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 ...

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 ...

WTI crude oil futures were higher but momentum was now turning bearish, based on the technical chart.

Brent futures settled down 16 cents, or 0.2%, to $67.61 a barrel on Monday, while U.S. West Texas Intermediate crude settled down 41 cents, or 0.6%, at $65.11 a barrel.

Citi said a $60/bbl Brent target is the likely scenario over six to 12 months, but the bank is much more upbeat about natural gas, looking at a $4/MMBtu price for the next three months and an ...

For 2026, the weakness continues with Goldman targeting a $68/bbl average for Brent and $64/bbl for WTI. It also said that Brent will be trapped in a 2025 range between $65/bbl and $80/bbl.