Front Month ICE Brent Crude for Sept. delivery gained $2.06 per barrel, or 3.02% to $70.36 this week --Largest one week net and percentage gain since the week ending June 20, 2025 --Largest two week ...

Oil futures extended gains and were on track to end the week higher on strong seasonal demand and lingering geopolitical risk premium around the Middle East.

In the assessment of 12-month price targets, analysts unveil insights for Intercontinental Exchange, presenting an average ...

The EIA now expects US crude output to grow by only 160,000 barrels per day in 2025, reaching 13.37 million barrels per day - a cut of 50,000 barrels from June's forecast.

Goldman Sachs commodity analysts are sticking to their forecast for Brent to average $59 a barrel by the fourth quarter of this year and $56 in 2026, following a bigger-than-expected production rise ...

DubaiOPEC+ has opted to raise oil production by approximately 548,000 barrels per day in August, marking a sharp departure from earlier plans and surprising markets worldwide. The move, confirmed in a ...

Nigeria has been left out of OPEC’s 548,000 bpd crude output increase due to poor production despite incentives and ...

Oil futures slipped slightly in thin holiday trading on Friday evening, as the market looked ahead to this weekend's OPEC+ ...

On Friday, oil futures saw a dip, driven by the anticipation of heightened production from OPEC+ and Iran's unwavering stance ...

Brent crude futures rose 1 cent, or 0.01 per cent, to $68.81 a barrel by 0036 GMT, while US West Texas Intermediate crude ...

Oil futures fall as Iran reaffirms nuclear commitment, OPEC+ set to raise output, U.S. tariff uncertainty looms.

Oil prices remained largely unchanged on Friday as fresh U.S. employment data supported expectations that the Federal Reserve may hold interest rates steady. Meanwhile, uncertainty over President ...