Crude oil extended its losses on Thursday, printing a fresh pullback low of $59.04. The 20-day moving average at $59.82 was ...
Analysts are holding their oil price forecasts largely unchanged as rising OPEC+ output targets and lacklustre demand offset ...
OilPrice.com on MSN
HSBC Maintains Bearish Oil Price Forecast Despite OPEC+ Hikes
HSBC predicts OPEC+ will accelerate output increases in late 2026, despite a Q1 2026 pause, leading to a significant oil ...
OilPrice.com on MSN
StanChart Finally Turns Bearish, Cuts Oil Price Forecast By $15/bbl
StanChart has finally joined the bear camp, slashing its 2026 and 2027 oil price outlook by $15 per barrel, triggered by the ...
OilPrice.com on MSN
Morgan Stanley First to Revise Oil Price Forecast After OPEC+ Update
Morgan Stanley raised its 2026 Brent crude forecast to $60 per barrel after OPEC+ paused production hikes, signaling market ...
Crude oil tested support at $60.20 near the 20-day average, with a rally above $61.78 eyeing $63.03 breakout.
Still down just over 1% for the week, WTI crude has found some support in today’s session, following reports that the US might be planning strikes against Venezuelan military installations.
The organization said the implied market surplus of 2.7 million b/d in the third quarter of this year, the largest since 2020, underscores the persistence of the oversupplied market. While stockpiling ...
Morgan Stanley raised its near-term forecast for crude oil prices following OPEC+’s decision to pause production hikes.
Third-quarter profit rose compared with the prior three-month period but declined on year as oil prices remained under pressure.
Canada's Cenovus Energy Inc (CVE.TO) on Thursday forecast higher production and spending for 2021 after its purchase of rival ...
Suncor Energy Inc on Monday forecast higher production and spending targets for fiscal year 2021, as the Canadian oil and gas ...
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