Oil prices are set to continue their downward trend, potentially slipping as low as $50 per barrel Brent by the middle of 2026, driven by ample supply and a projected market surplus.
Global oil prices are likely to remain under pressure in 2026. Supply is expected to exceed demand by as much as 4 million barrels a day. The Energy Information Administration expects inventories to ...
Crude oil prices edged lower on Wednesday ahead of the Fed interest rate decision. While the market is increasingly confident of an interest rate cut of 25 basis points, a hawkish guidance, or at ...
The pipes are churning, and sand and water are flowing once again as America’s oil executives focus on increasing domestic supply and aim to bring prices to a "low point" in 2026. "We're prepared for ...
Global oil prices are projected to fall to a five-year-low in 2026 on growing supply and weaker demand, the World Bank Group said Wednesday in its Commodity Markets Outlook. The bank forecast Brent ...
Previously, we reported that the national average price of gasoline in the United States has dropped below $3 a gallon for the first time in years, in large part due to OPEC+ returning more barrels to ...
OPEC and its allies, together known as OPEC+, have been gradually increasing their oil output quotas since April. With U.S. crude-oil prices hovering below the often critical $60 threshold, you might ...
Crude oil prices fell to levels not seen since the start of 2021 as a widely expected supply glut picked up momentum and peace talks in the Russia-Ukraine conflict took steps forward. Futures on ...
The two biggest U.S. oil companies increased production in the third quarter and reported lower but still robust profits. By Rebecca F. Elliott Oil prices have fallen, climbed and fallen again over ...
Global commodities prices are on track to fall to their lowest level in six years by 2026, as weaker demand, a widening oil surplus and policy uncertainty continue to weigh on markets, according to ...
Oil prices on Tuesday dropped to their lowest point since 2021. U.S. benchmark West Texas Intermediate was trading at about $55 per barrel, according to Business Insider’s tracker. That’s down from ...
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