Brent crude is forecast to average of $57/bbl-$58/bbl in 2026 and 2027 before potentially plunging into the $30s unless production cuts are implemented, estimating the global oil market will need ~2 ...
Crude oil futures fell Wednesday after OPEC lowered its oil demand growth expectations for this year, as the near-shutdown of the Strait of Hormuz forced Middle East producers to cut output. The ...
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