Brent crude oil prices are forecast to stay below $100 a barrel this year on expectations of solid demand and no additional hits to supply from geopolitical escalations, according to Goldman Sachs.
Oil prices are up around 1.3% at the time of writing as Saudi Arabia and Russia reiterate commitment to supply cuts. The two OPEC members confirmed their commitment to extra voluntary oil supply ...
Will oil go to $100? The chances are reasonable ... At one point recently, however, gas prices fell below $3. This alone threatened to undermine household discretionary income, particularly ...
New York, NY, April 16, 2024-"The specter of a widening war in the Middle East has put $100-a-barrel oil back on the table,” ...
As markets prepare to shift into the new cycle created by potential interest rate cuts from the Federal Reserve (the Fed), a ...
Oil prices have slowly recovered since the start of the pandemic, topping $120 in the summer of 2022. Prices have since dipped below $100, and OPEC plans to cut production as a result. Stubbornly ...
and substantial non-OPEC+ supply growth over the next few years can help cap oil prices below $100 a barrel, they said. That means oil prices should stay “anchored near term,” the strategists ...
Oil prices began the week with a loss as traders appear to be less worried about a direct war between Israel and Iran, with ...
The price of Brent crude rose to a six-month high on Friday, a potential dose of bad news for central bankers and for the ...
Although oil prices are not the only reason for the energy stock rally, they have contributed a lot, as has an improved outlook on the economy. $100 Oil? With Brent oil prices hitting $90 per ...
$100 oil and the Middle East political crisis ... Yet with the Northern African/Middle East crisis sending oil prices to their highest levels since the financial crash, the federal government ...
Global oil prices extended declines Wednesday as investors ... 96.03 per barrel in early treading Wednesday after falling below the $100 mark for the first time since early May yesterday.