Goldman Sachs Raises Oil Price Forecast Yet Again
Goldman Sachs once again raised its outlook for oil prices, now seeing Brent crude at an average of…
Oil Prices Steady as Traders Balance Diplomatic Progress With Physical Shortages
Oil prices were flat in early Asian trade on Thursday as tentative signs of diplomatic progress between Washington…
Oil Prices Climb Toward $100 as Iran Ceasefire Doubts Deepen
Oil prices were climbing back toward the $100 mark in early Asian trade on Friday as traders weighed…
Oil Prices Plunge Below $100 as Trump Announces Iran Ceasefire
Oil prices plunged below $100 in early Asian trading on Wednesday after President Trump announced a conditional two-week…
OPEC Commits to Boost Output Once Hormuz Reopens
OPEC on Sunday agreed to boost oil production by another 206,000 barrels daily, which will be theoretical only…
Oil Prices Surge 6% as Trump Signals Prolonged Iran Conflict
Oil prices surged in early Asian trade on Thursday after President Trump signaled that Washington would continue its…
Oil Set to Book Record Monthly Gain on Iran Crisis
Oil prices are about to log their biggest monthly rise on record following Houthi attacks on Israel and…
Oil Climbs on Fears of Multi-Front Supply Shock
Oil prices had another volatile start to the week before breaking out due to a combination of military…
War Could Soon Force Oil Prices To Catch Up with the Massive Supply Loss
The oil market may be sleepwalking into a significant move higher if the Strait of Hormuz remains blocked…
White House Dismisses Insider Trading Claims in Oil Market
Some trading entities profited millions of U.S. dollars from trades in oil futures contracts on Monday, just 15…
Oil Prices Slide as Netanyahu Signals Iran War Could End Soon
Oil prices pulled back sharply on Friday, reversing part of the previous session’s surge, after Israeli Prime Minister…
Oil Prices Surge as Brent-WTI Spread Blows Out on Iran Supply Risk
Oil prices surged sharply on Wednesday as the Iran conflict continued to disrupt flows through the Persian Gulf,…