Oil prices slid 2% to a nearly four-year low on Monday on worries U.S. President Donald Trump's latest trade tariffs could ...
Oil benchmarks hit their lowest levels since 2021 as investors worried the inflationary risks of tariffs and OPEC’s recent ...
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Additionally, over the weekend, Saudi Arabia c ut its crude export prices to its Asian buyers by $2.30 per barrel for May, ...
WTI futures fell further on Monday to just above $60 per barrel, the lowest level since April 2021, as concerns that the ...
The $60/bbl target for Brent suggests a further drop of $3.50-$4.50/bbl from current numbers. Brent Monday morning is priced anywhere from $64.50/bbl for June contracts to just $62.95/bbl as the year ...
Citi has sharply reduced its Brent Crude oil price forecast to $60 per barrel for the next three months, citing the negative impact of U.S. tariffs on economic growth, and has also lowered its outlook ...
US bank Morgan Stanley has lowered its 2025 forecast for oil consumption growth and oil price expectations, in the wake of a ...
Goldman Sachs has again significantly reduced its oil price forecasts for 2026, citing increased risks of recession and ...
Russian Urals oil prices fell to the lowest levels since 2023 as international benchmark Brent prices collapsed amid ...
11h
The Star on MSNPrice of Brent oil down below $64 per barrel on ICE for first time since April 2021The price of futures contracts of Brent crude oil for June 2025 delivery has dropped below $64 per barrel on London's ICE for the first time since April 26, 2021, according to trading data.As of 1:09 ...
Oil plunged 7% on Friday as China ramped up tariffs on US goods, escalating a trade war that has led investors to price in a higher probability of recession. Over the past week, Brent lost 10.9%, ...
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