The U.S. Energy Information Administration revealed its latest Brent spot price forecasts in its January short term energy ...

The price of oil is the most important value on the international commodity markets. Crude oil is the most important commodity and emerging industrial markets such as China, India and Latin ...

The Energy Information Administration’s (EIA) new short-term energy forecast confirms strong demand for 2025 but notes that ...

Thu, 16 Jan 2025 15:00:32 GMT Natural Gas Price ... If WTI oil climbs above the resistance at $77.00 – $77.50, it will move towards the next resistance level at $80.00 – $80.50. Brent oil ...

As a result, the EIA forecasts that average Brent oil prices will be $74.31 per barrel and the American West Texas Intermediate (WTI) is expected to trade at $70.31 per barrel in 2025. In the ...

A potential market oversupply and softening demand from China and developed economies are expected to push oil prices lower ...

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.

The January 2025 Short-Term Energy Outlook notes the Brent ... pressure on prices. EIA’s forecast was completed before the US issued additional sanctions targeting Russia’s oil sector on ...

Oil prices slipped on Tuesday after a U.S. government agency forecast steady U.S. oil demand in 2025 while lifting its ...

HOUSTON (Reuters) -Oil prices slipped ... while lifting its forecast for supply. Declines were limited by new U.S. sanctions on Russian oil exports to India and China. Brent futures fell $1. ...