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The fourth-quarter Brent price deck remains at $75/bbl, in line with quarter-to-date levels and the strip, while the 2025 price deck stays at $70/bbl, consistent with J.P. Morgan’s outlook.
After a brief bounce, crude prices are on track to end 2024 in the low $70s -- right around where they began the year. It's anyone's guess what oil prices will do in 2025. 2 Bold Oil Stock ...
The oil market is headed into a troubled year in 2025, and crude prices may fall "much, much" lower, according to Tom Kloza, global head of energy analysis at Oil Price Information Service. The ...
The second full week of 2025 was the fourth week that the price of oil increased, with Brent finishing up 1.3 percent at $80.79 and WTI up 1.7 percent to $77.88. Sanctions on Russia were the most important factor. The Gaza ceasefire made further Houthi attacks on shipping less likely.
Crude oil prices were relatively quiet last year. Brent oil, the global benchmark price, slipped 3%, closing the year at around $77 a barrel. Meanwhile, WTI, the U.S. oil price benchmark, ended ...
Energy stocks have outperformed the broader market to start the year, kicking off 2025 with gains as oil and natural gas prices have edged higher. The S&P 500 Energy Sector ... USA TODAY Sports.
According to a Dallas Fed survey, US oil company chiefs plan to increase spending in 2025. 58% of shale execs said they would increase spending, and 34% said they would increase investment.
NEW YORK (Reuters) -Oil prices climbed about 2% on Friday to settle at a three-week high, on expectations that additional sanctions on Russia and Iran could tighten supplies and that lower ...