News

Bank of America 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.
Investing.com - Bank of America has maintained its bearish Brent crude oil price forecast for the second half of 2025, ...
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 ...
Oil edged higher ahead of today’s meeting between U.S. President Trump and Russian President Putin.
Crude oil contracts rose about $1 at midday Thursday after a two-day drop, as investors awaited a closely watched meeting between President Trump and Russian President Vladimir Putin. At 12:10 a.m. ET ...
Oil stocks face poor risk-reward as oversupply and weaker demand are likely to push Brent prices down to $50 by 2026. Should ...
Oil futures were higher after two days of losses with the market awaiting Friday’s U.S.-Russia summit and digesting higher EIA and IEA estimates for global inventory builds.
US jobless claims stay up; US PPI rises much more than expected; China mulls housing buyout; India credit rating upgraded; ...
Hopes are growing that Trump’s summit with Putin could end the war in the Ukraine. Besides the obvious human benefits, there ...
Recorded $455.2 million in Net Loss Mainly due to Non-Cash Impairment Charges Related to its Interest in the Corentyne License and Ecuadorian Assets Increased Total ...