Brent crude oil price remains under pressure as it faces a double whammy of weak demand and high supplies in the coming ...

Brent and West Texas Intermediate crude climbed more than $1 on Friday after U.S. Energy Secretary Chris Wright said the ...

Last week, Goldman Sachs cut year-end 2025 price targets for Brent and WTI by $5/bbl each to $66 and $62, respectively, and HSBC trimmed its 2025 global oil demand growth forecast to 900K bbl/day ...

The Swiss bank cut its Brent price forecast by $6 a barrel to $66 for 2025, by $7 to $66 for 2025, by $7 to $65 for 2026 and by $3 to $70 for 2027. “Brent prices have already dropped ~20% to ~$60/bbl ...

The continued drop in oil prices follows an April 3 statement by OPEC, which announced that eight OPEC+ member countries would accelerate production growth in May to 411,000 barrels per day, up ...

On prices, JM Financial in a note on Monday said “But we believe Brent crude price is unlikely to sustain significantly below around $70 a barrel (bbl) as it could hurt US shale oil capex (with ...

The Swiss bank cut its Brent price forecast by $6 a barrel to $66 for 2025, by $7 to $66 for 2025, by $7 to $65 for 2026 and by $3 to $70 for 2027. “Brent prices have already dropped ~20% to ...

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days after it had already cut its price outlook for 2025 and 2026 in the wake of the U.S. tariffs announcement. Morgan Stanley lowered its Brent forecast to $65 a barrel in the second quarter ...

The North Sea crude market, home to the world's most important physical oil-price benchmark Dated Brent, often sees individual traders taking relatively large positions. Image by Igors Aleksejevs ...