News

In a bearish outlook, the U.S. Energy Administration cut its forecast for global oil-demand growth and prices this year, ...
Saudi Arabia needs oil at more than $90 a barrel to balance its budget. Goldman Sachs this week lowered its Brent crude price ...
Crude oil now costs 15 percent less than it did before the president revealed his plans to impose stiff new tariffs on ...
Goldman Sachs revised down its annual average price forecasts again for Brent and WTI crude in 2026, citing increased ...
Shares of oil companies have dropped sharply in recent days. Growth fears and expectations of more supply from OPEC+ are ...
The U.S. Energy Information Administration said on Monday it is delaying publication of the "Short-Term Energy Outlook" (STEO ...
Goldman Sachs has again significantly reduced its oil price forecasts for 2026, citing increased risks of recession and ...
Goldman Sachs has significantly lowered its oil price forecasts for 2025 and 2026, citing OPEC+'s increased production and ...
Oil prices have sold off heavily as the market deals with a potential demand hit from tariffs and a surprise supply increase ...
Despite President Trump's exhortations to "drill, baby, drill," U.S. shale oil producers are facing their most serious crisis since the pandemic, as the sudden oil price selloff triggered in part by ...
The crude oil markets got crushed after the tariff announcements in the US. The world looks as if it might be heading into a tariff war, and this will drive down demand for oil.