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2. Goldman Sachs lowers its 2024 oil price forecast by 12% due ...

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   Goldman Sachs has cut its forecast for the average oil price next year by 12%, citing abundant production in the United States. The Wall Street bank wrote in a note Sunday that it now expects ...

3. Oil jumps amid weaker dollar, expectations of a Fed pivot in 2024

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   The Fed also said it sees a deceleration in economic growth, with the economy forecast to grow 1.4% next year before picking up slightly to 1.8% in 2025 and 1.9% in 2026. Oil rig and pump of H&P ...

4. Oil prices are rising despite a rough start to 2024 — here's ...

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   Oil's bumpy start in 2024 has turned into ... "We forecast production will return to almost 13.3 ... Click here for in-depth analysis of the latest stock market news and events moving stock prices.

5. 2023–2025 world oil market chronology - Wikipedia

   en.wikipedia.org/wiki/2023–2025_world_oil...

   Oil rose for the first week of 2024 due to the Israel-Hamas War threatening to become a larger conflict, and positive U.S. economic news. Brent finished at $78.76 and WTI at $73.81. [49] Continuing Houthi attacks disrupted oil trading and increased costs, driving up oil prices. Brent finished January at $80.55 and WTI at $75.85. [50]

6. Predicting the timing of peak oil - Wikipedia

   en.wikipedia.org/wiki/Predicting_the_timing_of...

   36 Estimates of the year of peak world oil production (US EIA) Predicting the timing of peak oil involves estimation of future production from existing oil fields as well as future discoveries. The initial production model was Hubbert peak theory, first proposed in the 1950s. Since then, many experts have tried to forecast peak oil.

7. Price of oil - Wikipedia

   en.wikipedia.org/wiki/Price_of_oil

   Oil traders, Houston, 2009 Nominal price of oil from 1861 to 2020 from Our World in Data. The price of oil, or the oil price, generally refers to the spot price of a barrel (159 litres) of benchmark crude oil—a reference price for buyers and sellers of crude oil such as West Texas Intermediate (WTI), Brent Crude, Dubai Crude, OPEC Reference Basket, Tapis crude, Bonny Light, Urals oil ...

8. The US and other crude producers will take more oil market ...

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   The US and other crude producers will take more oil market share from OPEC in the coming years, Bank of America says ... we forecast 1.4mn b/d of growth in 2025 and 800k b/d in 2026, led by the US ...

9. Oil price forecasts rise on Wall Street as OPEC cuts signal ...

   www.aol.com/finance/oil-price-forecasts-rise...

   Goldman Sachs Commodities Research analysts increased Brent forecasts by $5/bbl to $95/bbl (vs. 90 previously) for December 2023, and to $100 (vs. 97) for December 2024.