U.S. EIA sees global oil flows recovering faster, cuts 2027 Brent forecast *Walter Bloomberg (@DeItaone) / Twitter 07-08 01:22
Futures extend gains, Brent rises $2 a barrel after vessels attacked near the Strait of Hormuz *Walter Bloomberg (@DeItaone) / Twitter 07-07 23:11
Brent to slide as low as $60 a barrel by Christmas, forecasts Citi Financial Times: Markets 07-03 16:03
ANALYSTS CUT OIL PRICE FORECASTS Major banks are lowering oil price forecasts as tensions ease and shipping through the Strait of Hormuz normalizes. JPMorgan now expects Brent crude to average $80 a barrel in Q4 and $64 next year, citing weaker demand. Capital Economics and Wood Mackenzie also turned more cautious, while Goldman Sachs remains the most bullish, forecasting $85 Brent this year. *Walter Bloomberg (@DeItaone) / Twitter 06-25 22:46