The chief executive of Italian energy group Eni expects Brent oil prices to recover to around $80 per barrel in the coming ...
Brent crude futures for November delivery, expiring on Monday, lost 10 cents to $71.88 a barrel as of 0933 GMT. The more ...
Analysts have cut their 2024 oil price forecasts for a fifth consecutive month, citing weaker demand and uncertainty over ...
The Brent/WTI spread has historically ranged between $4/bbl and $8/bbl, but it can expand or contract based on factors ...
U.S. crude exports to Europe reached around 2.2 million barrels per day in the 12 months to June 2024, reinforcing the global ...
The Middle East war is causing oil prices to rise. Brent crude is up 0.71% to $72.49/barrel, while WTI crude is up 0.63% to ...
Brent crude futures settled up 38 cents, or 0.53%, at $71.89 per barrel, while U.S. West Texas Intermediate crude futures ...
Oil rose after Israel’s killing of Hezbollah’s leader, Hassan Nasrallah, added to regional tensions, and investors priced in ...
Eni's CEO predicts a Brent crude price recovery to $80 per barrel in Q4, while analysts warn of potential demand slowdowns ...
Brent oil is also moving higher as some traders are ready to bet on a rebound from current levels. From the technical point ...
The West Texas benchmark has declined more than 7% for the month, while global benchmark Brent has fallen about 9%.
WTI oil is under pressure amid reports indicating that Saudi Arabia may be ready to drop its $100 oil target and focus on its ...