Banks are cutting estimates for the average oil price this year to below $60 a barrel amid production hikes from OPEC+ and ...

JP Morgan downplayed geopolitical concerns on Thursday and maintained its base case forecast for oil prices to stay in the ...

JP Morgan is sticking to its base-case oil price forecast for 2025, projecting Brent crude will trade in the low-to-mid $60s, ...

Rather, it is geopolitical factors—specifically, escalating tensions in the Middle East—that are unsettling markets and ...

Brent crude oil price surged on Friday, continuing the gains that started in May after Israel attacked Iran’s nuclear sites ...

Crude oil shows bullish continuation potential, targeting $68.98, despite today’s bearish candlestick hinting at a possible short-term pullback from recent breakouts.

Oil prices have surged while global shares are lower after Israel struck Iranian nuclear and military targets in an attack ...

JPMorgan upheld its forecast for average oil prices in 2025 and 2026, despite recent geopolitical tensions. However, that extreme scenarios cou ...

US crude oil production likely will fall over the next 18 months as producers cut back on drilling activity in response to ...