Some forecasters have called for oil prices to hit $50 a barrel. That would mark a decline of nearly 40% from current levels.
Oil prices pared gains in early trade on Monday after charting their biggest weekly rise in over a year on Friday amid ...
Global Brent prices topped $80 a barrel on Monday for the first time since August, as the risk of an Israeli response to last ...
Investment funds increased their bullish bets on Brent crude prices by the most since 2018 last week, as prices roared higher ...
Despite the short-lived recovery in oil prices, analysts warn that the response from oil shorts remains strong, with bearish sentiment prevailing and many traders still aggressively shorting oil based ...
Global Brent crude prices settled Monday above $80 a barrel for the first time since August, as the risk of an Israeli ...
West Texas Intermediate futures traded above $73 a barrel after falling 0.5% on Wednesday, while Brent closed lower below $77 ...
Oil prices fell by 2.4% in early European trade, possibly due to demand concerns and rebalancing. Click to read.
"Despite the current heightened tensions in the Middle East, it is easy to forget that the oil market is very much vulnerable ...