Some forecasters have called for oil prices to hit $50 a barrel. That would mark a decline of nearly 40% from current levels.
Q3 momentous one for economies and markets as disinflation continued, major Western developed central banks embraced easing, ...
WTI crude fell to its 52-week low of $64.78 per barrel on Sep. 10, 2024. It reached its 52-week high of $91.09 on Oct. 20, ...
Iran is offering its crude oil to China’s independent refiners at narrower discounts to Brent, as sellers are seeking higher prices for the oil bound for the world’s top crude importer, anonymous ...
Crude oil inventories in the United States rose by a shocking 10.9 million barrels for the week ending October 4 ...
Investment funds increased their bullish bets on Brent crude prices by the most since 2018 last week, as prices roared higher ...
Brent crude oil’s upward momentum seems to be building, based on charts, UOB said.
Oil futures on Wednesday stretched their losses into a second straight session to settle at their lowest in a week, pressured ...
Crude oil futures add to yesterday's losses, but settle well above the day's lows as geopolitical risk perception around Israel's expected response to last week's Iranian missile attack remains high.
The Brent/WTI spread has historically ranged between $4/bbl and $8/bbl, but it can expand or contract based on factors ...
"Despite the current heightened tensions in the Middle East, it is easy to forget that the oil market is very much vulnerable ...
Goldman Sachs sees global benchmark Brent jumping as much as $20 if an Israeli strike disrupts Iranian crude oil production.