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Banks are cutting estimates for the average oil price this year to below $60 a barrel amid production hikes from OPEC+ and ...
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Never try and predict what the price of oil is going to be, because there’s one sure thing: You’re going to be wrong,” says ...
Asian shares are mixed and oil prices have climbed further as escalating Iran-Israel tensions threaten to disrupt supplies of ...
JP Morgan downplayed geopolitical concerns on Thursday and maintained its base case forecast for oil prices to stay in the ...
Oil prices climbed nearly 9% after Israel launched widescale strikes against Iran targeting nuclear facilities and missile ...
Rather, it is geopolitical factors—specifically, escalating tensions in the Middle East—that are unsettling markets and ...
Tensions at the Strait of Hormuz risk 20M bpd in crude oil flow, fueling a sharp rally in oil futures and boosting market ...
Experts are forecasting an unprecedented oil price hike with the spiral of military strikes between Israel and its neighbours ...
Brent crude oil price surged on Friday, continuing the gains that started in May after Israel attacked Iran’s nuclear sites ...
More than two dozen banks have cut their 2025 forecasts for oil prices in the wake of OPEC's move to accelerate production hikes later this summer, according to a new survey.
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