Barclays has significantly reduced its Brent Crude price forecast for 2025 to $74/b, a $9 decrease from its previous prediction, citing a 510K b/d drop in expected demand growth due to economic uncertainties.
March 22, 2025
President Trump's fluctuating tariff policies, particularly those affecting trade with Mexico and Canada, have created significant uncertainty and concern within the energy industry
March 16, 2025
OPEC has maintained its oil demand growth forecasts for 2025 and 2026, anticipating the global economy will adapt to volatile trade policies.
March 15, 2025
Analysts and economists predict oil prices will remain subdued in 2025, primarily due to sufficient oil supply and spare capacity within OPEC+.
March 08, 2025
Trafigura identifies US foreign policy concerning Iran as a significant upward risk for crude prices, particularly amidst a well-supplied market.
March 01, 2025
The US Energy Information Administration (EIA) forecasts a decline in Brent crude oil prices, averaging $74/b in 2025 and $66/b in 2026, down from $80/b in 2024.
February 15, 2025
The announcement of new US tariffs on Canada, Mexico, and China has stirred volatility in the oil market, but Goldman Sachs forecasts a limited short-term impact on oil prices.
February 08, 2025
The global oil market remains under a delicate balance of forces, with fundamental supply and demand factors battling against financial market positioning.
January 25, 2025
The International Energy Agency (IEA) has slightly revised its global refinery throughput forecast upward, now projecting 83.4MM b/d in 2025, compared to its previous estimate of 83.3MM b/d.
January 19, 2025
Diverging Oil Price Forecasts: EIA, Banks, and Analysts Weigh in on 2025 and Beyond
January 19, 2025
