Tag: Oil price forecast

Oil prices surged to a one-week high after OPEC+ decided to extend voluntary production curbs for another month. This decision caused oil to gap 80 cents higher at the Asian open and continue its...

Morgan Stanley, a renowned financial institution, has recently raised its Brent price forecast to $80 for the fourth quarter of 2024. This upward revision indicates a positive outlook on the future of Brent oil...

Analysts often use phrases like "markets are talking" to indicate that significant price changes may signal upcoming major events. This could be due to factors such as geopolitical tensions that may disrupt oil or...