Oil prices are headed higher this summer, according to Goldman Sachs analysts. Demand from China and SPR refills will keep Brent from breaking a $75 floor.
Oil prices climbed about 3% to a one-week high on Monday, buoyed by hopes of rising fuel demand this summer despite a ...
Oil prices rose Monday after posting a loss last week following the OPEC+ decision to increase production later this year.
(MENAFN) On Monday, oil prices experienced a significant surge, rising more than 2 percent to reach their highest level in a week. This upward movement was driven by optimistic expectations for ...
Goldman Sachs sees the price of Brent crude rising to $86 per barrel this summer due to strong consumer demand.
Companies like Adani Wilmar, Emami Agrotech, and Sunvin Group said while disruption in soyabean oil supplies from Argentina and Brazil is driving prices higher, mustard oil prices have risen as ...
Most stock markets in the Gulf were up in early trading on Monday, led by the Qatar index, as hopes of rising fuel demand ...
Declining crude oil prices impact oil-producing countries negatively but benefit oil-importing countries and industries like ...
(MENAFN) Goldman Sachs projects that robust consumer spending and high summer demand will drive the oil market into a deficit of 1.3 million barrels per day in the third quarter, pushing Brent crude ...
New tax credit rules unveiled by Brazil's government are expected to lead to a rise in gasoline and diesel prices in the country, an energy lobby said on Monday, estimating their impact on fuel ...
Now, for the very first time, the Commerce Commission has proved that effect. It's been closely following fuel prices, and ...
Oil prices rose tracking a broader increase in risk-driven markets, as weak U.S. labor data fueled bets that the Federal Reserve will begin cutting rates by as soon as September .