Investment banks and the U.S. Energy Information Administration forecast a significant oil market oversupply in 2026, driven ...
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Oil Prices Drop 2% Despite Wave of Bullish News
Despite positive reports from OPEC and the IEA, as well as supportive US inventory draws and new geopolitical risks in the Caspian Sea, oil prices surprisingly fell nearly 2% as market sentiment took ...
By Arathy Somasekhar HOUSTON, Dec 12 (Reuters) - Oil prices closed lower on Friday, marking a 4% weekly decline as a supply ...
Oil and gas prices are set to drop by 2026, with Brent crude falling to $55 per barrel and retail gas reaching $3 per gallon, ...
Crude oil prices edged lower on Wednesday ahead of the Fed interest rate decision. While the market is increasingly confident ...
Wall Street's biggest banks see oil prices falling into the $50s or lower per barrel in 2026 and beyond, teeing up a tough year for the oil and gas industry.
Oil prices have dropped below the $60-$80 WTI range, with a 16.7% decline year-to-date, signaling sector weakness. EIA data projects a significant global oil supply glut in 2024-2025, with inventories ...
The Trump administration yesterday announced new sanctions on Russian oil companies. That caused a jump in global oil prices today of somewhere around 5%. Still, the price of oil is down significantly ...
Can the big energy companies still make money even with oil hovering around $60? Argus Research's Bill Seleksy says the outlook is more positive than some investors may think.
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