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The crude oil market initially gapped higher on Monday, only to turn back around and show signs of weakness. In fact, by the time we got to the “open cry” session, the market had turned negative.
Banks are cutting estimates for the average oil price this year to below $60 a barrel amid production hikes from OPEC+ and ...
JP Morgan is sticking to its base-case oil price forecast for 2025, projecting Brent crude will trade in the low-to-mid $60s, ...
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 ...
JP Morgan downplayed geopolitical concerns on Thursday and maintained its base case forecast for oil prices to stay in the ...
Rather, it is geopolitical factors—specifically, escalating tensions in the Middle East—that are unsettling markets and ...
Brent crude oil price surged on Friday, continuing the gains that started in May after Israel attacked Iran’s nuclear sites ...
More than two dozen banks have cut their 2025 forecasts for oil prices in the wake of OPEC's move to accelerate production hikes later this summer, according to a new survey.
Following Israel's military operation on Iranian nuclear sites, J.P. Morgan warns oil prices could surge to $120 a barrel if ...
Oil prices have surged while global shares are lower after Israel struck Iranian nuclear and military targets in an attack ...
As for the other main ratings agencies, in late May, S&P Global Ratings said it expects U.S. oil and gas producers to reduce ...
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