Goldman Sachs Cuts 2027 Oil Price Estimate on Demand Uncertainty
Goldman Sachs has revised down its estimate for oil prices next year, basing the revision on expectations of stronger supply and weaker demand. The bank sees Br
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Goldman Sachs has revised down its estimate for oil prices next year, basing the revision on expectations of stronger supply and weaker demand. The bank sees Br
Oil prices plunged by more than 4% early on Friday as the market hopes the U.S. and Iran have made progress toward a peace deal. As of morning trade in Europe,
India may be on track to miss its target for budget deficit for the first time since 2021 as the oil supply shock pressures government coffers. The government o
The U.S.-Iran conflict escalated again on Thursday before abruptly swinging back toward diplomacy, producing another day of extreme volatility in both energy an
July WTI crude oil futures traded sharply lower through Thursday as traders removed much of the geopolitical premium tied to tensions between the United States
The on-and-off U.S. sanctions on Russian oil and the flipping U.S. position regarding India’s oil purchases from Russia highlight the double standards of the We
Norway has intensified its charm offensive to persuade the European Union to drop its ban on Arctic drilling by campaigning that oil and gas resources in the Hi
A de-escalation in the Iran conflict pulled oil lower and sent global stocks higher, lifting crypto out of a wildly volatile seven days.

With $1.9 billion exiting the spot Bitcoin ETFs and tech stocks under pressure, BTC is failing as a hedge and at risk of falling below the $60,000 support.
Markets rally and oil prices dip as US president claims agreement will reopen Strait of Hormuz
Stocks and government bonds make gains on hopes energy shock could ease
Oil prices jumped after the United States and Iran exchanged fire for a second day, heightening fears that the two countries could slide back into open conflict
The amount of oil and fuel stored by businesses and governments has fallen sharply since the start of the U.S.-Israeli war against Iran.
Oil prices retreated and stocks rallied after President Trump called off plans for another day of strikes on Iran, saying that a peace deal could be within reac
West Texas Intermediate and Brent crude fell on Friday on reports that a potential deal would lift oil sanctions on Iran.
Oil prices fell Friday after a proposed peace deal that would see the Strait of Hormuz reopen was reported by Iranian state media.
U.S. President Donald Trump said Thursday that the Strait of Hormuz would be reopened as soon as a deal is signed.
Wall Street futures pointed moderately higher pre-bell Friday, as traders weighed easing oil prices,
Futures rose and oil prices dived on Iran deal hopes, extending Thursday's big moves. The SpaceX IPO is set to begin trading.
When the International Energy Agency issued its 2026 outlook on energy investment, it had a surprise for its audience, predicting a decline in oil investment, i