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Oil prices eased after Thursday’s rebound ahead of the meeting in Alaska between Trump and Russia’s Vladimir Putin.
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.
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.
BofA Sees Oil Surplus Growing on OPEC+ Output; Brent Below $60 in 2nd Half — OPIS Bank of America on Thursday said it expected rising production by OPEC and its allied producers would increase the ...
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 ...
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 ...
The Energy Information Administration predicts a significant drop in global oil prices, with Brent crude falling from $71 to ...
Brent oil futures are hovering around $66–67 per barrel with mixed geopolitical signals, while West Texas Intermediate (WTI) ...
Oil futures were mixed in the early Asian session, but may be weighed by the diminished likelihood of tougher sanctions against Russia.
The U.S. Energy Information Administration forecast Brent crude oil spot price will average less that $60 per barrel during the fourth quarter.
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