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Oil prices edge up to 2-week high
Oil prices end near a 2-week high on escalation in Russia-Ukraine missile exchange
Oil prices climbed Thursday, with U.S. and global benchmark crude settling at their highest levels in nearly two weeks, as traders monitored reports from Ukraine claiming Russia had launched an intercontinental ballistic missile.
Oil Prices Set for Weekly Gain as War Premium Jumps
Oil prices have risen due to escalating tensions between Russia and Ukraine and concerns about potential supply disruptions.
Oil prices edge up to 2-week high as Ukraine war intensifies
Oil prices edged up about 1% to a two-week high on Friday as the intensifying war in Ukraine this week boosted the market's geopolitical risk premium. Brent futures rose 66 cents, or 0.9%, to $74.89 a barrel by 11:39 a.
Goldman Sachs, oil prices
Goldman Sachs expects oil prices to average around $80/bbl in 2024
Goldman Sachs expects Brent prices to average around $80 per barrel this year, despite a 2024 deficit and geopolitical uncertainty, citing an anticipated 0.4 mb/d surplus next year, the bank said in a note on Thursday.
Oil prices could drop 20% in the next 2 years if the US implements tariffs, Goldman Sachs says
Oil prices could drop to the low $60s by the end of 2026 if demand takes a hit from Trump's sweeping tariffs, Goldman Sachs says.
Goldman Expects Brent to Average $76/bbl in 2025; Sees Modest Oil Surplus -- OPIS
The commodities team at Goldman Sachs maintains that oil is oversold and it sees an average Brent price of $76/bbl next year, but in an analysis sent to clients Thursday night, the bank warned "the risks of breaking out are growing.
6d
on MSN
Olive oil prices expected to drop by half after reaching record high
Olive oil prices reached a record high of $12.39 per bottle this year — a jaw-dropping cost Deoleo plans to cut in half. The ...
4d
on MSN
'America first means commodities second': Oil and gas prices will tank under a Trump presidency, BofA strategist says
Trump's proposed tariffs will lead to a trade war, dampening energy demand and prices in the process, Bank of America's ...
Crude Oil Prices
19h
Geopolitical Risk and Supply Outages Underpin Oil Prices
Next week, crude oil prices are likely to trade within a defined range, with geopolitical risks acting as a support level and ...
3d
Brent Oil Futures Maintain $70 Floor As Outages Drive Prices Higher
Oil benchmark Brent has held its price floor above $70 for much of November having threatened to breach it at one point. It ...
2d
Now’s the Time to Toughen Russia Oil Sanctions: Oil Strategy
Falling oil prices and an impending period of over-supply could create the perfect opportunity to toughen sanctions on ...
Crude Oil Prices
1d
Lower Oil Prices Boost China’s Crude Imports in November
China is expected to import record volumes of crude oil this month despite ongoing concerns about weak demand.
2d
Oil prices pare gains as EIA reports a rise in U.S. crude supplies
Oil futures pared some of their gains on Wednesday after the Energy Information Administration reported that U.S. commercial ...
2d
Oil prices tick up as market weighs Ukraine war escalation
Oil was broadly stable on Wednesday as concerns about escalating hostilities in the Ukraine war potentially disrupting oil ...
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Ukraine
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