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Oil prices closed down nearly $1 on Friday as traders awaited talks between U.S. President Donald Trump and Russian leader ...
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 ...
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.
"US EIA forecasts crude oil to average below $60 by 2026" was originally created and published by Offshore Technology, a ...
Geopolitical developments are a primary driver of market uncertainty. The Trump-Putin talks could either ease concerns over ...
Crude futures returned most of the previous day’s gains as traders remained cautious ahead of the meeting between Presidents Trump and Putin about ending the Russia-Ukraine war.
Oil prices slipped on Wednesday as investors perceived the risk of an industry glut. West Texas Intermediate ( CL=F) futures ...