Oil price forecasts raised as supply risks persist

Oil prices are predicted to hold above $80 a barrel this year, with analysts polled by Reuters revising up their 2024 forecasts for a second time on expectations supply will lag demand amid conflict ... Read More

Crude Oil Weekly Price Forecast – Crude Oil Markets Hit Brick Wall

Crude oil markets tried to rally significantly during ... the candlestick does look negative and we could have a pullback to the $30 level. However, if we break above the top of the weekly ... Read More

Crude Oil Price Forecast – Crude Oil Facing Resistance Above

Crude Oil News Today: Prices Stabilize ... Daily Forecast: Steady Near $28.30 Amid Rising Middle East TensionsFri, 19 Apr 2024 07:33:54 GMT EUR/USD, GBP/USD, DXY Price Forecast: DXY Above $106 ... Read More

EIA Ups Brent Oil Price Forecast for 2024 and 2025

“We forecast the Brent crude oil price will decrease year ... has remained subdued even as prices broke out above $90 per barrel”. “Realized 30-trading day volatility stood at a six-month ... Read More

Analysts issue unexpected crude oil price forecast after surge

Three months later, prices briefly went negative, as the pandemic crushed demand. By June 2022 the price rebounded ... exceeded forecasts in January and February. That could boost oil demand ... Read More

WTI Crude Oil Price Forecast: $30 Acting Like Strong Price Support

Interested In our Analyst’s Longer-Term Oil ... hit commodity markets. Unfortunately, the glut of supply remains and will likely remain a cap on prices, however with a potential floor in place ... Read More

Morgan Stanley Hikes Its Summer Oil Price Forecast to $94

Morgan Stanley sees heightened geopolitical risk pushing Brent Crude oil prices to $94 per barrel in the third quarter as the bank lifted its price forecast ... Crude already hit $90 per barrel ... Read More

Why Are Oil Prices High? Part I

Most moderns probably think that oil price forecasts ... oil prices were closely related toUScommercial crude inventories. At 270 million barrels, the price was $30/barrel; above 330 million ... Read More

Weekly Technical Crude Oil Price Forecast: Technicals Remain Bullish

The first full week of June saw more gains for energy prices, continuing a robust trend through the first five-plus months of 2022. Overall, crude oil ... price index is due at 12:30 GMT. Read More

Russia cuts oil price forecast to $65 per barrel in 2024-27

The Russian economy ministry has downgraded its forecasts for the country's crude oil export prices for the next three years to $65 per barrel, according to an updated outlook seen by Reuters on ... Read More