Goldman forecasts 11%-oil-price boost
Production
Investment banking giant Goldman Sachs has boosted its second-quarter Brent crude price forecast by 11.5 per cent from US$65 per
All posts in Brent crude
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Goldman increases oil price forecast
Policy
Goldman Sachs says demand for oil is rising faster than expected, putting Brent crude, the international benchmark for oil prices,
Oil prices forecast to rise amid Saudi cuts
Consumption
Global oil prices are being forecast by Goldman Sachs to rise by as much as 12 per cent as Saudi
US oil exports set new record
Consumption
The US exported a record amount of crude oil last week after increasing for a fifth straight week, amid rising
US oil boom depresses prices
Consumption
Oil prices fell by around 1 per cent on Monday as drilling in the United States, currently the world’s largest
Oil price has best week in two years
Industry
The international oil benchmark, Brent crude, measured its best weekly gain in more than two years, as a lively economy
Oil prices fell amid instability
Policy
Oil prices fell today (Thursday) amid currency and stock market instability, and as analysts warned of an economic slowdown as
Russia dismisses permanent oil output cut
Production
Russia’s energy minister has said the world’s third largest oil exporter it is unlikely to make its oil alliance with
Oil rebounds after heavy falls
Industry
Oil prices sent shares rising as Brent crude recovered from some of its losses but remained close to its lowest
Oil prices rebound after further slump
Production
Oil prices rebounded today (Wednesday) as benchmark Brent crude futures rose to US$56.49 per barrel after dropping 5.6 per cent
Oil price volatility remains as Opec output cut looms
Production
Oil prices have risen today (Thursday), buoyed by a drawdown in US crude stockpiles and indications that China is beginning
Qatar dumps Opec ahead of summit
Production
Qatar says it is leaving the oil cartel Opec (Organisation of the Petroleum Exporting Countries) next month after 57 years
Opec to address oil price slump
Production
The price of oil fell below US$60 a barrel amid fears of global oversupply. Brent crude, the benchmark, was trading 5
Expect volatile oil prices: IEA chief
Industry
Oil prices are entering an “unprecedented period of uncertainty”, warned the boss of the International Energy Agency (IEA) as Brent
Macron fuel tax sparks protests
Consumption
Demonstrators from the gilets jaunes (yellow vests) movement have blocked France’s road network to oppose President Emmanuel Macron’s new fuel