Citi’s Bearish Oil Price Forecast for 2025
Citibank stands out as one of the most pessimistic among major financial institutions regarding oil prices, predicting a decrease into the $70 range later this…
Citibank stands out as one of the most pessimistic among major financial institutions regarding oil prices, predicting a decrease into the $70 range later this…
Oil prices fluctuated on Monday, caught between the crossfire of slowing industrial production in China, a negative signal for black gold demand, offset by strengthening…
Will the world produce more oil than it needs? The International Energy Agency (IEA) anticipates a “major surplus” in oil markets by 2030. This is…
In a significant development at the June 2nd OPEC+ ministerial meeting, the United Arab Emirates (UAE), OPEC’s fourth-largest producer, successfully negotiated a higher production quota.…