Crude oil extended its losses on Thursday, printing a fresh pullback low of $59.04. The 20-day moving average at $59.82 was ...

Morgan Stanley raised its 2026 Brent crude forecast to $60 per barrel after OPEC+ paused production hikes, signaling market ...

Crude oil tested support at $60.20 near the 20-day average, with a rally above $61.78 eyeing $63.03 breakout.

Still down just over 1% for the week, WTI crude has found some support in today’s session, following reports that the US might be planning strikes against Venezuelan military installations.

The price increase in 2027, according to the report, reflects a projected rebalancing of the oil market, as low prices in 2026 curtail excess supply. These forecasts assume no major escalation in ...

Morgan Stanley increased its short-term crude oil price forecast on Monday after the OPEC+ decision to pause production increases in the first quarter of next year, which alleviated concerns about a ...

Analysts are holding their oil price forecasts largely unchanged as rising OPEC+ output targets and lacklustre demand offset ...

Morgan Stanley raised its near-term forecast for crude oil prices following OPEC+’s decision to pause production hikes.

The API’s weekly crude stock report serves as a critical indicator of the US petroleum demand. If the increase in crude inventories is more than expected, it implies weaker demand and is bearish for ...

Record volumes of oil in floating storage are deepening concerns about a global supply glut and pushing crude prices lower ...

Third-quarter profit rose compared with the prior three-month period but declined on year as oil prices remained under pressure.

Oil prices declined on Thursday as investors considered a potential supply glut, as well as weakened demand in the United ...