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Barclays cuts Brent oil price forecast due to OPEC+ production hikes
Barclays anticipates that OPEC+ will phase out additional voluntary adjustments by October 2025. The bank also predicts a slightly slower growth in U.S. oil output. These factors have led to a loosening of their balance estimates by 290 thousand barrels per day (kbd) for 2025 and 110 kbd for 2026.
Morgan Stanley has joined other major investment banks in reducing its oil price forecasts, citing expectations of a larger ...
Global oil prices tumbled sharply on Monday after OPEC+ announced increased production for June. The alliance of ...
Crude has slumped in 2025, touching a four-year low, as US President Donald Trump’s trade war threatened to derail growth, ...
Brent crude prices (CO1:COM) on Thursday fell below the $60-a-barrel mark again, pressured by expectations of increased ...
LONDON: Barclays has lowered its Brent oil price forecast by US$4 per barrel (bbl) to US$66/bbl for 2025 and by US$2 to US$60 ...
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Indian paint stocks, including Asian Paints and Berger Paints, rose today due to falling crude oil prices, which benefit ...
Brent crude oil prices fell more than $1 a barrel on Monday morning as economic worries from the U.S.-China trade war were ...
Nigeria is staring down the barrel of twin macroeconomic shocks as Brent crude prices plunge below $60 per barrel. This ...
The crude oil markets both look fairly weak, but we did see a bit of a bounce form the lows. Because of this, the market looks as if it is going to continue to attempt to find a bottom, in what has ...
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Brent Crude Slumps 20% In 2025 — Impact On Indian Oil Marketing, Exploration CompaniesWith Brent crude falling 21% in 2025, exploration companies such as ONGC and Oil India could see reduced revenues, while ...
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