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    • Oil Rises on U.S. Crude Inventories Draw

      Oil Rises on U.S. Crude Inventories Draw

      The Wall Street Journal· 6 days ago

      Oil prices traded higher, supported by a weekly fall in U.S.crude inventories, but gains were capped by a stronger dollar and lingering concerns around...

    • USA EIA Lowers Brent Oil Price Forecasts

      USA EIA Lowers Brent Oil Price Forecasts

      Rigzone· 1 day ago

      The U.S. Energy Information Administration (EIA) lowered its Brent oil price forecast for 2024 and 2025 in its latest short term energy outlook (STEO),...

    • Crude Oil Market Tightness May Fade Into 2025

      Crude Oil Market Tightness May Fade Into 2025

      The Wall Street Journal· 1 day ago

      0852 GMT – Crude oil prices will likely soften back towards $78/bbl by early 2025, Westpac senior economist Justin Smirk writes in a note. While...

    • Oil Falls as High US Inflation Persists

      Rigzone· 43 minutes ago

      Oil fell as US economic data showed inflation remains elevated, adding to bets the Federal Reserve won’t rush to cut interest rates this year. West Texas Intermediate slid ...