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Oil prices surge 11% as Iran-Israel conflict escalates. Traders shift into Exxon, Chevron, and XLE for exposure to geopolitical risk premiums.
Banks are cutting estimates for the average oil price this year to below $60 a barrel amid production hikes from OPEC+ and flat crude demand growth, according to a survey from the law firm Haynes ...
Dubai: Global growth forecasts for 2025 and 2026 have been revised higher by S&P Global Market Intelligence, thanks to easing ...
Oil prices returned to the upside on Thursday in reaction to an escalation in the war between Israel and Iran. Benchmark ...
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.
Oil prices rose today, with analysts saying that uncertainty would keep prices elevated, even as there were no concrete signs ...
If WTI breaks and holds above $74.11 early next week, momentum could carry it toward $76.00 and eventually $78.00. Conversely ...
WTI Oil prices are easing on Monday, retracing part of Friday’s nearly 6% surge after slipping from the key $70 level, now ...
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 ...
Twice per year, law firm Haynes Boone surveys banks that lend to the energy industry to take their pulse on where oil and gas ...
Goldman Sachs also lowered its oil price forecast on Monday by $2-3 per barrel, as they now expect another 400,000 barrels per day production increase by OPEC+ in July. ...