Never try and predict what the price of oil is going to be, because there’s one sure thing: You’re going to be wrong,” says ...

Banks are cutting estimates for the average oil price this year to below $60 a barrel amid production hikes from OPEC+ and ...

Crude oil prices remain elevated even after pulling back from the 5-month high hit on Friday. Explore the top targets to ...

JP Morgan downplayed geopolitical concerns on Thursday and maintained its base case forecast for oil prices to stay in the ...

If the price of crude oil does not return to around $65 per barrel, it will subtract tenths from the GDP and delay the ...

Crude oil strength persists as it holds above the 200-Day MA, with recent patterns suggesting a continuation higher if resistance at $76.29 is broken.

The International Energy Agency maintains its forecast that global oil demand will plateau by the end of this decade, driven ...

Just a few of months ago, analysts and investment banks slashed their oil price forecasts as OPEC’s production cuts drew down the global oil oversupply slower than initially expected ...

We are reducing our 2025 WTI oil price forecast to $60/bbl from $65/bbl to reflect a diminished full-year global crude oil supply/demand balance. After hitting an interim high of $81/bbl on ...

A conflict between Israel and Iran could dampen the outlook for the German economy if it leads to an increase in oil prices, ...

However, forecasts for 2024 indicate a significant ... OPEC attributes recent declines in oil prices to speculative actions and overblown concerns. Given OPEC’s expectations for oil demand ...