Oil on track for back-to-back gain on China stimulus, lingering Middle East worries
Oil futures moved higher Tuesday, attempting to claw back steep losses suffered last week, with prices supported by a more upbeat prospects for Chinese demand and ongoing concerns that a broader Middle Eastern conflict that could threaten crude flows from the region.
Goldman Sachs expects oil prices to average $76 a barrel in 2025 based on a moderate crude surplus and spare capacity among ...
Crude oil prices gained more than 1% on Monday after dropping 7% last week as the market focuses on demand concerns.
Both key benchmarks gained more than 1.5% on the day, helped by economic optimism out of China and lingering concerns about ...
Oil prices fell on Tuesday, paring the previous day's nearly 2% rise as the top U.S. diplomat renewed efforts to push for a ...
Citi's bull case for oil hinges on conditions deteriorating sharply in the Middle East as tensions keep rising between Israel ...
EIA revised its most obvious flaw in its monthly Short-Term Energy Outlook. Discover the EIA's bearish oil price outlook and ...
A sudden dip in crude oil prices and strong domestic production has helped to keep gas prices in Rhode Island stable, ...
Some forecasters have called for oil prices to hit $50 a barrel. That would mark a decline of nearly 40% from current levels.
Given the low level of oil inventories, there could be a sustained geopolitical premium in crude price until the conflict is ...
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