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Brent crude could surge past $110 a barrel amid escalating geopolitical threats to Middle Eastern shipping corridors. Analysts warn that Houthi disruptions in the Red Sea and depressed Strait of Horm…
Piper Sandler raised its Brent crude forecast by $10 to $90 per barrel, citing tightening global balances driven by Middle East supply constraints and Russian refining cuts. The firm warned that $90 …
Capital Economics forecasts Brent crude to hit $100 per barrel by year-end due to delayed Middle East energy flow recovery and ongoing inventory draws, before easing to $70 by late 2027.
Occidental Petroleum (OXY) is identified as a potential near-term value trap due to expected lower oil prices but is considered a strong long-term bargain. Increased global oil supply and reduced geo…
Despite current short-term gains, Julius Baer forecasts a significant decline in WTI crude oil prices in the coming years. Analysts cite increasing exports through the Strait of Hormuz and higher-tha…
Oil prices are dipping on hopes the Strait of Hormuz will reopen, but Shell's CEO warns of a long-term supply crunch driving prices higher over the next decade. Shell is focusing on upstream oil and …
Data indicates Asian crude oil imports are stable but weak, contradicting U.S. claims of a significant rebound in flows from the Strait of Hormuz. Imports remain substantially below pre-war levels, s…
Brent crude fell toward $87 on diplomatic progress in the Middle East, including an Iran-Oman deal on the Strait of Hormuz. Easing US sanctions on Iran and rising supply through the strait added pres…
Brent crude holds near $97 amid conflicting geopolitical signals. Iran hints at seeking a favorable end to conflict, tempering earlier US sanctions threats. Despite tensions, oil prices rose over 5% …
EIA raised 2026 oil price forecasts to $87/barrel on Middle East supply disruptions, pushing gasoline and diesel prices higher. This threatens to reignite inflation amid a cooling labor market, press…
Citi raised its Q3 Brent crude forecast to $80 from $75, citing delays in U.S.-Iran nuclear negotiations. While a deal is still expected eventually, the current impasse supports higher near-term pric…
Diamondback Energy (FANG) reports strong Q2 results, debt reduction, and productivity gains, signaling growth into 2027 amid low global oil inventories, though cost inflation and volatility remain co…
Oil markets face short-term volatility from Middle East conflict but long-term supply-demand imbalances support higher prices. Analysts favor midstream firms and dividend-paying majors like Exxon and…
Goldman Sachs projects Brent crude could reach $120/barrel by Q4 if Middle East tensions disrupt Strait of Hormuz flows significantly. However, their base case remains lower at $80, contingent on de-…