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

"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 ...

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

Tensions at the Strait of Hormuz risk 20M bpd in crude oil flow, fueling a sharp rally in oil futures and boosting market ...

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

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

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

Twice per year, law firm Haynes Boone surveys banks that lend to the energy industry to take their pulse on where oil and gas ...

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.

Oil prices leaped, and stocks slumped on worries that escalating violence following Israel’s attack on Iranian nuclear and ...

As for the other main ratings agencies, in late May, S&P Global Ratings said it expects U.S. oil and gas producers to reduce ...