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2 mins read
Oil is fighting back after yesterday's pummelling
Elsewhere, European equities markets are also recovering on Tuesday after suffering thanks to the o…
Will Martin
2 mins read
US stocks fall as oil prices jump and traders await Fed meeting
Oil prices soared on Monday to their highest level since November, with Brent crude, the internatio…
Phil Rosen
1 min read
Oil hovers near $95 a barrel as global crude surges to its highest level in 10 months
Global supply is tightening and demand is strong, leading the international benchmark to climb for …
Phil Rosen
1 min read
OIL is in FREE FALL
Meanwhile, West Texas Intermediate crude oil prices, the US benchmark, were also off almost 2%. The…
Ben Moshinsky
1 min read
Oil prices rally as a rise in fuel demand tames recession concerns
US gasoline demand jumped 8.5% last week from the prior week, according to data from the Energy Inf…
Phil Rosen
2 mins read
Oil is taking another dive
In equities, oil's return to losses doesn't seem to be worrying European investors too much, with t…
Will Martin
2 mins read
Oil prices are going to $90 per barrel in the 2nd half of this year on the back of a 'triple deficit' for the commodity, Morgan Stanley says
Low inventories, low spare capacity, and low investment will continue to drive oil prices higher, M…
Isabelle Lee
2 mins read
Oil is back below $50
Despite oil's recent climb, it seems likely that $50 oil may prove to be something of a ceiling for…
Will Martin
1 min read
Oil prices plunge as US inventories jump and worries build over China demand
Oil prices fell as fresh data also showed that the US continued to churn out a record 13.2 million …
Jennifer Sor
2 mins read
Morgan Stanley just raised its outlook for oil prices to $100 per barrel by the 3rd quarter. Here's why.
The bank said it now sees Brent crude jumping to $100 per barrel by the third quarter, updating its…
Isabelle Lee
2 mins read
OPEC will gain more control of the oil market in 2024, and can raise production again in the 2nd half of the year, energy firm says
The oil cartel has cut the right amount of production to keep markets balanced to start next year, …
Phil Rosen
2 mins read
Oil is holding at its highest level in one and a half years
Oil prices have gained substantially in recent weeks following the oil producer's cartel OPEC final…
Will Martin
1 min read
Oil prices drop as hawkish central banks spark fears of a downturn
Brent crude dropped more than 3.5% as soaring inflation and looming rate hikes spook traders ahead …
Phil Rosen
2 mins read
MORGAN STANLEY: We're slashing our oil price forecast by 50%
The price of Brent crude, the European benchmark, peaked at about $140 a barrel in 2008 before cra…
Ben Moshinsky
1 min read
S&P 500 hovers near record highs on continued economic optimism and Fed support
US stocks rose Friday with the S&P 500 hovering near record highs as investors continue to remain o…