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By Laila Kearney. NEW YORK (Reuters) -Oil prices rose about 1% on Monday, spurred by the prospect of strong summer driving demand and as tensions in the Middle East and drone attacks on Russian ...
Apr 3, 2024 · The Bank of America Global Research team forecasts Brent and WTI crude prices to average $86 and $81 per barrel this year, with both peaking around $95 per barrel each during the summer. That...
6 days ago · U.S. crude settle at $81.63 a barrel ... will inevitably plunge during the summer in the northern hemisphere,” said Tamas Varga of oil broker PVM, referring to seasonal demand for oil products. ...
Jun 10, 2024 · Oil prices climbed about 3 per cent to a one-week high on Monday, buoyed by hopes of rising fuel demand this summer despite a stronger U.S. dollar and expectations the U.S. Federal Reserve...
Apr 11, 2024 · LONDON, April 11 (Reuters) - OPEC predicted robust fuel use in the summer months on Thursday and stuck to its forecast for relatively strong growth in global oil demand in 2024, highlighting an...
5 days ago · Light crude oil futures are struggling for a fourth straight session early Tuesday. The market is trading on the strong side of both the 50-day moving average at $78.88 and the 200-day moving ...
Jun 11, 2024 · Recent increases in the volatility of crude oil prices highlight a wide range of potential crude oil prices that could develop over the summer. As we update our forecast monthly through the summer, our crude oil price forecast could change, depending on several factors.
