Citi Research lowered its three-month price forecast for Brent crude to $55 per barrel on Thursday, from a previous estimate ...

Morgan Stanley has joined other major investment banks in reducing its oil price forecasts, citing expectations of a larger ...

Brent crude oil price remains under pressure as it faces a double whammy of weak demand and high supplies in the coming months. It trades at $64.65, a few points above this month’s low of $58.46.