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Click here for in-depth analysis of the latest stock market news and events moving stock prices Read the latest financial and business news from Yahoo Finance Show comments
“There’s a much much larger risk of a big price drop to $50 or $60 than there is to something like the $80+ range," Tom Kloza, OPIS global head of energy analysis told Yahoo Finance.
Ines Ferre is a senior business reporter for Yahoo Finance. Follow her on X at @ines_ferre . Click here for in-depth analysis of the latest stock market news and events moving stock prices
Oil prices will fall to an average of $65 per barrel in 2025 amid an oversupply of crude and a backdrop of slowing demand as countries shift toward cleaner energies and forms of transportation ...
Oil futures pared gains on Friday but still notched their biggest weekly increase in more than a year as President Biden aimed to discourage Tel Aviv from targeting Iran’s crude facilities ...
In commodity markets, crude oil fell sharply, with West Texas Intermediate (WTI) futures settling nearly 6% lower at $78.74 per barrel. ... Read the latest financial and business news from Yahoo ...
BofA has estimated that non-OPEC countries will account for around 70% of market share in the first quarter of 2025. These countries have gradually outpaced OPEC+ since 2017, data from the bank ...
Stock market news today: S&P 500, Nasdaq fall, yields rise after hawkish Fedspeak ... Crude oil traded higher, with U.S. benchmark WTI up at $77.73 a barrel. ... Read the latest financial and ...