KEY POINTS Goldman Sachs has raised its oil price forecasts for 2026, citing a severe disruption to crude flows through the Strait of Hormuz that the bank described as the …
Brent crude
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KEY POINTS Global crude oil prices closed the week ending March 20, 2026, at $112 per barrel, marking an 8.22% weekly increase. Brent Crude Futures have climbed more than 53% …
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In the NewsMarkets
Chevron Surpasses $400 Billion Valuation as Oil Rally Drives Stock Higher, HSBC Upgrades to Buy
KEY POINTS Shares of Chevron have pushed the company’s market capitalization above $400 billion for the first time, placing the oil major among the 20 most valuable publicly traded companies …
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In the NewsMarketsOil & Gas
Oil Prices Surge Above $100 as U.S.–Israel–Iran Conflict Fuels Global Supply Fears
KEY POINTS Oil prices extended their upward trajectory on Monday, as the ongoing conflict involving the United States, Israel, and Iran entered its third week, intensifying concerns over global supply …
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KEY POINTS Oil prices rose sharply on Monday as the conflict between the United States, Israel, and Iran entered its third week, intensifying concerns over global supply. Brent crude, the …
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KEY POINTS Global oil prices have surged past $90 per barrel following the escalating conflict involving Iran, triggering fears of another wave of global inflation. The international oil benchmark, Brent …
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KEY POINTS Gas and oil prices jumped sharply Monday after attacks linked to the escalating US and Israeli military campaign against Iran forced Qatar to halt liquefied natural gas production, …
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KEY POINTS Brent oil prices held steady on Monday as traders weighed renewed diplomatic engagement between the United States and Iran against ongoing geopolitical tensions and fresh supply signals from …
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KEY POINTS Oil prices fell on Wednesday as fresh signs of oversupply rekindled market fears of a global glut, dragging Brent crude below $64 per barrel and pushing West Texas …
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KEY POINTS Crude oil prices remained broadly unchanged on Monday even after OPEC+ announced plans to slow its production growth, with traders balancing concerns over a potential surplus against fresh …