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Brent Oil - Brent Crude’s Upward Momentum Seems to Be Building, Charts Show

Brent crude oil’s upward momentum seems to be building, based on charts, says Quek Ser Leang, markets strategist of UOB’s Global Economics & Markets Research, in a research report. Brent rebounded above $79.

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EIA Slashes Forecasts of Oil Demand Growth and Oil Prices in 2025

The U.S. Energy Information Administration lowered its forecast for global oil demand growth in 2025 due to weaker economic outlooks in developed nations, causing a decrease in predicted Brent crude oil prices.

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