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Brent crude oil prices could be bolstered in the near-term by demand possibly outstripping supply in the fourth quarter, according to analysts at Citi. A reported decision by the Organization of the ...
Oil prices rose on Thursday after a large interest rate cut from the U.S. Federal Reserve, but Brent was still hovering around its lowest levels of the year, below $75, on expectations of weaker ...
Oil was lower as demand concerns have outweighed supply risks from rising tensions in the Middle East, the ANZ Research team said.
JPMorgan economists said late last week that if supply cuts continue, the price of Brent crude could jump to as high as $120 per barrel. But they expect crude prices will drop back to $86 per barrel ...
WTI oil pulls back as traders react to the EIA report, which indicated that crude inventories declined by 1.6 million barrels from the previous week. A move below the $70.00 level will push WTI oil ...