US Secretary of Energy Chris Wright said Tuesday that it could take "many months" for energy flows disrupted by the US-Israeli war against Iran to return to normal. "It's many months to get back to ...
June 15 (Reuters) - Citi on Monday cut its average Brent crude forecasts to $75 and $70 per barrel for the third and fourth quarters of 2026, respectively, citing expectations that the Strait of ...
The investment bank's change in outlook relies on the assumption that exports from the Persian Gulf won't normalize until the end of June. Goldman Sachs has again increased its target prices for oil ...
Goldman Sachs sees several potential oil price scenarios playing out. Its adverse case predicts Brent oil will remain over $100 by year's end. Higher oil prices will enable oil companies to produce ...
Shipping through the Strait of Hormuz may normalize before August 1. Normal traffic by June priced at 98% YES.
The Caspian Pipeline Consortium said an offshore mooring is back online, enabling crude to flow through a route that accounts for about 90% of Kazakh oil exports. Repairs at offshore Mooring 3 have ...
Goldman Sachs has again increased its target prices for oil as production and the flow of global supplies continue to be disrupted by the effective closure of the Strait of Hormuz. Back To Top ...