Tariff escalation and high spare capacity skew medium-term risks to Goldman Sachs' oil price forecast to the downside, the ...

Goldman Sachs predicts that tariff wars and high spare capacity, primarily from OPEC+ producers, are skewing oil price risks to the downside in the medium term.

Goldman Sachs has cut its oil price forecast by $5/bbl to $65-80/bbl.Oil markets remain focused on the price downside, the bank said in a note released on Tuesday. The bank notes that Trump/Putin ...

Oil prices fell on Wednesday after Russia agreed to U.S. President Donald Trump's proposal that Moscow and Kyiv temporarily ...

Oil prices edged up on Wednesday after U.S. government data showed a draw in fuel inventories, while investors kept an eye on ...

Crude futures slip as Russia halts energy strikes, raising supply concerns. Market outlook remains bearish, but Middle East ...

This move may reduce supply disruption risks. Global tensions and recession fears continue to impact oil prices, analysts ...

Brent crude futures were down 59 cents to $69.97 a barrel at 0924 GMT, while U.S. West Texas Intermediate crude fell 60 cents ...

Oil prices edged lower on Wednesday after Russia agreed to U.S. President Donald Trump's proposal that Moscow and Kyiv ...

One fund is taking on a cheap long-shot bet that Brent crude will climb toward US$100 a barrel amid revived tensions in the ...

SYDNEY-Fitch Ratings has added its name to a slew of prominent forecasters downgrading the outlook for world economic growth and push up its expectations for U.S. inflation, highlighting rising ...