A recent Reuters poll of 30 economists and analysts reveals a slight downward revision in the Brent crude oil price forecast for 2025. The average forecast now stands at $74.33…
Browsing: Commodities
Recent forecasts suggest a slight upward revision in oil prices for 2025. This adjustment comes despite predictions of a global supply surplus, driven by increased output from non-OPEC+ nations exceeding…
Oil prices are currently experiencing upward pressure as market participants assess the delicate balance between supply and demand. Several factors are contributing to this price movement: Supply concerns: OPEC+ production…
Brent crude futures concluded the last trading day of 2024 with a modest gain, settling at $74.39 per barrel, reflecting a 22 cent or 0.3% increase. This minor uptick comes…
U.S. natural gas futures experienced a significant surge, closing nearly 13% higher at $3.82 per million British thermal units (MMBtu). This price jump is attributed to several factors, including forecasts…
U.S. crude oil futures experienced a slight dip, settling at $69.62 per barrel on [Date of News]. This represents a decrease of 48 cents, or 0.68%, from the previous closing…
Brent crude oil futures experienced a slight decline, settling lower on December 27, 2024. This downward movement comes despite recent support from stimulus measures in China and a US industry…
U.S. crude oil futures experienced a minor dip on [Date of News], settling at $69.24 per barrel. This represents a decrease of 22 cents, or 0.32%, from the previous trading…
Oil prices experienced a slight dip after a five-day rally, as the market grapples with uncertainties surrounding global demand. The Organization of the Petroleum Exporting Countries (OPEC) recently revised its…
Ukrainian President Volodymyr Zelenskyy has accused Slovakia of making payments to Russia through “murky schemes.” This statement comes amidst heightened tensions between Ukraine and its neighbors over the expiration of…