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Macro Forecasts Update: The analyst updated the macro forecasts and models since the post-earnings review. The fourth-quarter Brent price deck remains at $75/bbl, in line with quarter-to-date ...
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
On top of that, the oil producer plans to ramp its annual share repurchase rate from $5 billion to $7 billion, with the aim of buying back over $20 billion in stock in the first three years ...
Get breaking Business News and the latest corporate happenings from AOL. From analysts' forecasts to crude oil updates to everything impacting the stock market, it can all be found here.
The move in oil prices has also led to the energy sector outperforming the S&P 500 so far this year, with the S&P 500 Energy Select ETF touching another 52-week high on Tuesday amid a broader sell ...
Over the past year, the price of Brent Crude, a key global oil benchmark, has been as low as $70.31 and as high as $93.12. Over the past three years, the swing from peak to trough was even greater ...
US WTI crude oil prices have gained 22% since June 11, while global benchmark Brent is up by 19%. The slashed output coincides with what’s been a busy summer of travel, heightening demand for crude.
Oil prices are expected to stay in the mid-$80 range this summer, but increasing supply and slowing demand will bring down prices next year, according to Citi analysts.
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