Morgan Stanley has raised its Brent crude oil price forecast for the third quarter of this…
Tag: opec supply cuts
Oil traders stay bullish as Brent hovers at $90: Here’s why crude is elevated
Following OPEC’s stance, the views of leading trading houses have shifted markedly in just a few…
Oil prices decline over caution on US Fed interest rates; Brent at $88/bbl
Global crude oil prices dropped on Thursday, April 4, as caution over global macroeconomic activity weighed…
OPEC+ Meeting Tomorrow: Oil majors unlikely to change output policy on April 3
The Organisation of Petroleum Exporting Countries and its allies (OPEC+) will conduct its joint ministerial monitoring…
Oil prices on track for 3rd monthly gain ahead of OPEC decision; Brent hits $87
International crude oil prices rebounded and rose by more than $1 per barrel on Thursday, March…
Oil prices steady on US crude stock rises lesser than expected; Brent at $86/bbl
Oil prices were broadly stable on Wednesday, March 27, after US crude stockpile rose lesser than…
Crude oil to trade with upside bias; Brent may hit $90-$95/bbl in near-term
Global crude oil prices rose sharply by 5.9 per cent over the past month crossing the…
Geopolitical tensions drive brent towards $95 per barrel in near term
The tightening of physical markets in February followed a seasonal trend, but the key driver was…
Oil hits 4-month high after Ukraine’s drone attack on Russia; Brent at $87/bbl
International crude oil prices again hit a four month-high mark on Tuesday, March 19, after breaking…