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Oil to rise to $90 a barrel this year as tensions in Middle East escalate, says analyst

Escalating tensions abroad could push oil prices to roughly $90 per barrel, according to one analyst.Prices weren't too far from those levels on Monday,...

Oil Holds Above $85 as Traders Await Fresh US Stockpile Data

(Bloomberg) -- Oil steadied ahead of the release of weekly inventory data from the US that may show another rise in nationwide crude inventories.Most...

Oil Holds Advance as Risk-On Mood Eclipses US Stockpile Build

(Bloomberg) -- Oil steadied after closing at a seven-week high as a sustained risk-on mood in wider markets outweighed signs of further stockpile growth.Most...

Oil to rise to $86 per barrel this quarter on ‘solid summer demand,’ Goldman says

Oil prices are expected to jump this summer on demand for transportation and cooling. Goldman Sachs analysts forecast Brent crude prices to rise to...

Oil Steadies After Weekly Loss as Market Looks Ahead to Fed Rate

(Bloomberg) -- Oil steadied after a weekly decline, with the market still digesting OPEC+'s decision to restore supply, as traders eagerly await a series...

Oil falls 3% on OPEC production cut as demand worries surface

Oil prices fell as much as 3.5% on Monday following OPEC+'s decision to start unwinding some voluntary cuts earlier than anticipated amid recent softness...

Oil Swings After OPEC+ Signals Plan to Return Barrels to Market

(Bloomberg) -- Oil swung between gains and losses after OPEC+ outlined a plan to restore some production as early as October, despite concerns about...

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