You Searched For "oil prices" and got 17 results
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2 mins read
Oil prices are going to $90 per barrel in the 2nd half of this year on the back of a 'triple deficit' for the commodity, Morgan Stanley says
Low inventories, low spare capacity, and low investment will continue to drive oil prices higher, M…
Isabelle Lee
2 mins read
Oil prices drop to 3-month low with pressure building from demand concerns and a stronger US dollar
The US Dollar Index rose to its highest since November, leaving dollar strength to weigh on oil pri…
Carla Mozée
1 min read
An oil trader is reportedly betting crude prices will soar more than 200% amid the inflation spike and energy crunch
Oil prices have already surged by more than 60% this year, and are now trading above $80 a barrel.
Carla Mozée
2 mins read
Oil prices could easily soar above $100 a barrel as OPEC+ members face off over production, former US energy secretary says
Former US Energy Secretary Dan Brouillette said the OPEC+ rupture could cause oil prices to rocket …
Harry Robertson
1 min read
Oil prices rise after G7 nations cap the price of Russian crude at $60/barrel
Brent crude added around 1 per cent to above $86 in Asia trading. The move - which could come…
2 mins read
Citigroup says oil prices could tumble to $65 by the end of the year if a recession whacks demand
Citi sees oil prices at $85 a barrel by the end of 2022 even if an "increasingly likely" recession …
Harry Robertson
2 mins read
Oil prices are tumbling after their recent spike but tighter supplies will push the commodity back to $125 a barrel this summer, UBS says
The investment bank sees oil demand hitting record highs this year as lighter COVID-19 restrictions…
Carla Mozée
2 mins read
Oil prices rise to their highest levels in 2 months as China loosens its COVID curbs
"Markets pricing in peak virus in Beijing and Shanghai are behind the rally in oil prices today," J…
George Glover
3 mins read
A Citi strategist explains why oil prices are going to tumble by the end of the year, even if economies avoid a recession
Other Wall Street analysts think oil prices are heading back higher. Citi reckons they'll fall shar…
Harry Robertson
2 mins read
A key oil price indicator turned bearish for the first time in weeks as watchdog signals oversupply possible
US oil prices slipped 3% to settle at $78.36 per barrel on Wednesday, the lowest finish since Octob…
Isabelle Lee
3 mins read
Surging oil prices will have ripple effects far from the gas pump
Fluctuating oil prices could send shock waves through the economy in unexpected ways, impacting eve…
Avery Hartmans
4 mins read
The US oil price turned negative a year ago today. Analysts now sees it rising 20% to above $75 as countries plot a return to normality
One year ago today, market-watchers were astonished went US oil prices went negative. The outlook i…
Harry Robertson
2 mins read
Oil prices are set to rise as high as $150 a barrel as OPEC+ controls supply in the face of Omicron concerns, JPMorgan says
"We believe the market may overestimate the impacts of the recent emergence of the Omicron variant …
Matthew Fox
2 mins read
Oil has plunged below $100 as recession fears spike. This is what happens next, according to top Wall Street analysts.
One analyst said oil prices could drop to $55 a barrel by Christmas. But many said nothing has chan…
Harry Robertson
1 min read
Bank of America sees US oil hitting $140 a barrel within months, with analysts saying China's recovery will boost demand
Recent trading patterns suggest US oil prices are set for another surge, BofA said. Meanwhile, UBS …
Harry Robertson
2 mins read
Oil isn't likely to hit $100 per barrel as 'demand destruction' keeps a lid on prices even as supply is squeezed, Mohamed El-Erian says
"Demand is robust today but will it be robust in six months' time? There are really big questions i…
Isabelle Lee
2 mins read
Oil disruption fears in the Middle East are getting real after reports of an Israel strike on Iran
Markets have been on edge since over fears of a widening of the conflict in the Middle East — a maj…