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EIA expects oil prices to be under pressure from oversupply in 2025, 2026
Oil prices will be under pressure over the next two years as global production growth outpaces demand, the U.S. Energy Information Administration said on Tuesday in its Short-Term Energy Outlook report.
USA EIA Reveals Latest Brent Oil Price Forecasts
The U.S. Energy Information Administration revealed its latest Brent spot price forecasts in its January short term energy outlook.
Gas prices will fall in the next 2 years as global oil supply outpaces demand, EIA says
US drivers could see lower gas prices this year and next as oil supply outpaces demand. The US will continue to ramp up output from record levels, the EIA said.
Oil prices climb 2% to 4-month high with sanctions expected to disrupt Russian supplies
Oil prices climbed about 2% to a four-month high on Monday on expectations that wider U.S. sanctions on Russian oil would force buyers in India and China to seek other suppliers.
EIA Expects 2025 Crude-Oil Prices to Retreat After a Strong Start
"Following some initial upward price pressure in early 2025, we expect that crude-oil prices will generally decline from mid-2025 through the end of 2026 as growth in global oil production outpaces growth in oil demand,
19h
Natural Gas, WTI Oil, Brent Oil Forecasts – WTI Oil Dives 2.5% On Profit-Taking
WTI oil pulls back as traders take profits after the strong rally, which was triggered by new sanctions on the Russian oil ...
8m
on MSN
Oil prices climb on supply fears, Fed rate cut hopes
Oil prices climbed on Friday, heading for a fourth weekly gain, driven by concerns over tighter supply following U.S.
6d
Brent Crude Oil Hits $80 a Barrel for First Time Since October
Oil surpassed $80 a barrel as traders digested a report that Indian oil processors are bracing for new US sanctions that ...
1d
Natural Gas and Oil Forecast: Is OPEC+ Caution Supporting Brent’s Bullish Outlook?
Geopolitical tensions and OPEC+ caution drive volatility in oil and natural gas markets. Key levels and demand forecasts ...
3d
Brent Crude: Oil Advances On Russian Sanctions - Will The 100-Day MA Cap Gains?
Oil prices continued their rise this morning following a harsh batch of sanctions by the US on Russian Oil and tankers. Click ...
3d
on MSN
Brent crude jumps above $80 a barrel as investors weigh U.S. sanctions on Russian oil
Oil futures were up strongly Monday, with Brent crude on track for its first finish above $80 a barrel since August, as ...
6d
Why Oil Has Hit A 3-Month High With Brent Touching $80
On Friday, crude oil futures rose to price levels last seen in October 2024. What are the reasons behind the uptick in prices ...
3d
Oil Could Hit $90, Goldman Sachs Says: 'Trump May Not Ease Sanctions' On Russia
Goldman Sachs is warning of potential upside risks to oil prices following U.S. sanctions on Russia's energy sector, with ...
6d
on MSN
Oil jumps 4%, Brent breaks $80 as traders worry about tougher Russia sanctions
Oil prices jumped more than 4% on Friday, with global benchmark Brent breaking $80 per barrel for the first time since ...
2h
on MSN
Oil set for fourth week of gains as investors assess US sanctions impact
Oil prices rose on Friday, on course for a fourth consecutive week of gains, as the latest U.S. sanctions on Russian energy ...
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United States
sanctions
Petroleum industry in Russia
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