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Brent Oil - Oil: Brent drops below $62 as global Oil glut deepens – ING
Oil prices are under further downward pressure this week, with ICE Brent falling below $62/bbl, settling at its lowest level since late October. The Oil market is moving deeper into the expected Oil ...
Natural Gas and Oil Forecast: Crude Stabilizes at $58 as Traders Brace for Fed Rate Cut Boost
Natural gas and oil prices stabilize as oversupply pressures rise. WTI holds $58 while traders await IEA, OPEC signals and a Fed rate cut that could shape demand outlooks.
Hedge Funds Position for a Price Crash as Brent Shorts Hit All-Time High
Oil prices continue to search for direction as a supply scare from Iraq turned out to be short-lived, with most market speculation centred around Ukraine peace talks and US Federal Reserve policy.
BMI Analysts Make 2026 Oil Demand Prediction
Analysts at BMI, a unit of Fitch Solutions, projected that global oil demand 'will post steady growth' in 2026 'but remain below historic trends'.
Crude oil prices decline as Ukraine and Western allies discuss US-brokered peace plan
February Brent oil futures were at $62.38, down by 0.18%, and January crude oil futures on WTI (West Texas Intermediate) were at $58.74, down by 0.24% ...