Jan 28 (Reuters) - Citi said on Wednesday that oil prices may stay elevated due to rising geopolitical risks, U.S.
The Trump administration says it has completed the first sale of Venezuelan oil to the U.S. Will it mean lower prices at the ...
Oil hit its highest since late September after a winter ‍storm disrupted U.S. crude output ‍while a weak dollar, continued Kazakh outages lent further support.
Oil prices rose on Friday after U.S. President Donald Trump ratcheted up pressure against Iran through fresh sanctions on ...
Oil glut fears are easing as demand surprises to the upside, with the International Energy Agency revising forecasts after stronger consumption and weaker-than-expected supply growth.
Oil price moves aren't random, and sharp reversals and stalls are often driven by options positioning and mechanical hedging ...
The price of oil is way off of recent-year highs. A barrel of West Texas Intermediate (WTI) crude hit $120 in June 2022.
As tensions have cooled in Venezuela, oil traders have begun pricing in a risk premium on another potential geopolitical shock for the global energy market: Iran.
Global oil prices are likely to remain under pressure in 2026. Supply is expected to exceed demand by as much as 4 million barrels a day. The Energy Information Administration expects inventories to ...
Brent crude oil prices fell to below $60 a barrel on Tuesday, the lowest since May, amid investor optimism over progressing peace talks between Russia and Ukraine, and a wave of oversupply hitting ...
Muted oil prices amid rising tensions signal a deeper shift that geopolitics matter less as electrification and energy ...
I maintain a HOLD rating on oil, seeing $60–$70 per barrel as a balanced, long-term equilibrium price. Short-term oversupply is being absorbed by China's aggressive reserve accumulation and potential ...