Morgan Stanley raised its 2026 Brent crude forecast to $60 per barrel after OPEC+ paused production hikes, signaling market ...
Crude oil tested support at $60.20 near the 20-day average, with a rally above $61.78 eyeing $63.03 breakout.
Still down just over 1% for the week, WTI crude has found some support in today’s session, following reports that the US might be planning strikes against Venezuelan military installations.
Analysts are holding their oil price forecasts largely unchanged as rising OPEC+ output targets and lacklustre demand offset ...
Third-quarter profit rose compared with the prior three-month period but declined on year as oil prices remained under ...
Morgan Stanley raised its near-term forecast for crude oil prices following OPEC+’s decision to pause production hikes.
The organization said the implied market surplus of 2.7 million b/d in the third quarter of this year, the largest since 2020, underscores the persistence of the oversupplied market. While stockpiling ...
The latest report from the American Petroleum Institute (API) revealed a substantial increase in the inventory levels of US crude oil, gasoline, and distillate stocks. The actual figure stood at 6.500 ...
Oil prices fell sharply on Tuesday, with both WTI and Brent facing renewed selling near key technical barriers. I expect ...
Oil prices climbed in early Asian trade on Monday after OPEC+ decided to hold off production hikes in the first quarter of next year, easing rising fears of a supply glut.
The Energy Information Administration (EIA) released its weekly report on Crude Oil Inventories, revealing an unexpected decrease. The actual number of barrels of commercial crude oil held by US firms ...
U.S. crude output hit a record 13.58 mb/d in June 2025 and is forecast to peak at 14.34 mb/d by March 2026. Global crude exports also set new highs, reaching 40.4 mb/d in September, driven by Saudi ...