U.S. shale is more vulnerable than in past price wars, needing $65+ WTI to stay profitable amid rising costs and geological ...

Bank of America on Tuesday cut its Brent oil projection by 9% to $80 a barrel for 2023. "Monetary forces are dragging down Brent crude prices," the commodities research team said. The fight in ...

Oil prices face downward pressure due to a surge in global inventories and slowing demand growth, according to a note from Bank of America (NYSE:BAC) on Monday. "Observed oil inventories have ...

Separately, Bank of America’s Commodities Research team has revised down its Brent oil price forecast to $75 per barrel for the second half of 2024, down from nearly $90, and for 2025, reduced ...

A sector once viewed as a classic Trump trade has been left behind by investors this year, but there are several reasons it ...

Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $48.97, ...

OPEC+’s oil-output hikes are part of a Saudi strategy that will see the kingdom embark on a long but shallow price war ...

Saudi Arabia is batting down the hatches for a "long and shallow” oil price war, in part to clip the wings of US shale energy ...