Due to escalating conflicts in West Asia, the price of Brent crude oil in the international market has risen to $109.75 per barrel. Following reports that the United States and Israel jointly attacked Iran’s critical South Pars gas field, Iran has issued a warning that it will target energy installations across Asia and the Gulf…
Oil prices are expected to face further pain in the coming months as crude oil demand falls. However, there is room to profit from the decline as OPEC+ and US shale producers are forced to cut their oil production as prices fall. However, pressure on oil prices could ease in the second half of the…
Brent and WTI Oil are forecast to fall below $40 by the end of 2026 These forecasts are based on two key assumptions: the US economy will avoid a recession thanks to significant tariff cuts starting on April 9, and OPEC+ will moderately increase supply with two increases of 130-140kb each in June and July….
