The EIA predicts lower oil prices in 2025 and 2026 due to rising production and OPEC cuts, but the recent sanctions on Russia kept oil prices from falling.
WTI price posts modest gains near $71.60 in Thursday’s early European session. US crude oil inventories dropped by 1.442 million barrels last week, according to the API. A slower path of the Fed ...
WTI oil has found itself under pressure in the ... While traders have seen rockets flying in the Middle East and an oil price cap for Russian oil, none of these developments had any material ...
WTIprices rose as reports indicated that European energy companies are prioritizing Oil and gas for short-term profits. Oil prices are set for weekly gains, fueled by optimism that economic ...