News

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, ...
Brent crude oil price surged on Friday, continuing the gains that started in May after Israel attacked Iran’s nuclear sites ...
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 ...
Twice per year, law firm Haynes Boone surveys banks that lend to the energy industry to take their pulse on where oil and gas ...
Oil prices have surged while global shares are lower after Israel struck Iranian nuclear and military targets in an attack ...
JPMorgan upheld its forecast for average oil prices in 2025 and 2026, despite recent geopolitical tensions. However, that extreme scenarios cou ...
Crude oil extended its rally Thursday, reaching $69.16 before resistance set in. Technical targets suggest potential continuation toward $72 to $75 if momentum holds or following a pullback.
Canada posted a $7.1-billion merchandise trade deficit in April – the largest on record – as exports fell sharply in the face ...
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 ...
Oil prices surged yesterday, ending the day with a 3.75% gain as OPEC+ surprised markets with a supply increase that came in ...