It’s been a bad week for oil stocks. Even though OPEC+ nations delayed their production cuts scheduled to begin in October, ...
Morgan Stanley lowered 2024 global oil demand forecast due to slower China growth, EV adoption, and LNG trucks. Brent price ...
The bank cut its 2025 forecast for ... additional output cuts, instead of starting the rollback in October. "The group could sit tight and hope for higher prices as non-OPEC supply delivers the ...
Morgan Stanley on Monday cut its Brent crude oil forecasts for coming quarters and said the global oil market is facing a period of demand weakness similar to those seen during recessions.
Exxon’s prediction contrasts sharply with UK oil major BP, which expects oil consumption to decline to 75mn b/d in 2050. The ...
Crude Oil markets have once again found themselves trapped in a volatile range. WTI prices are bouncing between $72.00 and ...
The two banks now foresee global benchmark Brent averaging less than $80 a barrel in 2025, with Goldman’s revised forecast ... if OPEC were to strategically discourage US shale growth more ...
Goldman Sachs cuts Brent crude forecast by ... and weaker China demand. Downside risks: China demand flat, OPEC ...
Gold prices (XAUUSD:CUR) held steady on Friday on their way to a small weekly gain, as traders braced for the non-farm ...
