WTI oil is losing ground as the oil market continues to stabilize after the recent rally. A move below the support at $77.00 ...

The oil market has rallied after consolidating at the long-term support and has reached the short-term resistance area.

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

Oil prices are expected to gradually soften on loose supply. The post Strength, then oversupply? Parsing the latest EIA oil ...

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. ...

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.

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 ...

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 ...

Brent crude futures were up 2 cents to $79.94 a barrel by 0205 GMT, after dropping 1.4% in the previous session. U.S. West ...

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