Forecasts

Auto Added by WPeMatico

Exchanges Oppose Potential US Treasury Intervention in Oil Futures Market

Conventional Energy, Energy Topics & Technology, Finance, Forecasts, Latest, Oil, US News / By

By Anirban Sen BOCA RATON, Florida, March 12 (Reuters) – The heads of a number of top exchanges, including CME Group (CME.O) and Toronto Stock Exchange parent TMX Group (X.TO), oppose any potential ​intervention from the U.S. government involving the oil futures market, amid ‌rising energy prices in the aftermath of the Iran conflict. The …

Exchanges Oppose Potential US Treasury Intervention in Oil Futures Market Read More »

OPEC Confirms Big Saudi Oil Production Hike Ahead of Iran War, Holds Forecasts Steady

CDN and International News, Conventional Energy, Energy Topics & Technology, Forecasts, Latest, Oil, OPEC / By

By Alex Lawler Saudi Arabia increased production as contingency for Iran attack disruption, sources said OPEC says geopolitical developments need close monitoring, no forecast changes yet IEA to update oil forecasts on Thursday LONDON, March 11 (Reuters) – OPEC said on Wednesday that Saudi Arabia sharply increased oil production in February ahead of U.S. and …

OPEC Confirms Big Saudi Oil Production Hike Ahead of Iran War, Holds Forecasts Steady Read More »

Brent to Trade Above $95 for Next Two Months on Iran War, EIA Says

Conventional Energy, Energy Topics & Technology, Forecasts, Latest, Oil, US News / By

By Georgina Mccartney, Arathy Somasekhar and Siddharth Cavale HOUSTON, March 10 (Reuters) – Brent oil prices are set to trade above $95 a barrel over the next two months as the Iran war disrupts supplies, ​before falling to around $70 by the end of the year, the Energy Information Administration ‌said on Tuesday in a …

Brent to Trade Above $95 for Next Two Months on Iran War, EIA Says Read More »

Barclays Says Brent Could Test $120/bbl if Middle East Tensions Persist

CDN and International News, Conventional Energy, Energy Topics & Technology, Forecasts, Latest, Oil, Tri-Pinned, US News / By

(Reuters) – Barclays said on Friday that Brent crude could potentially test $120 a barrel if the Middle East conflict persists for another couple of weeks. “These numbers might seem too high, especially given widespread pessimism about the oil market outlook heading into this year, but we reiterate that fundamentals are stronger and risks are …

Barclays Says Brent Could Test $120/bbl if Middle East Tensions Persist Read More »

Rip Up the Glut Forecasts – Mideast Oil Shock Signals Supply Crunch: Bousso

CDN and International News, Conventional Energy, Energy Topics & Technology, Forecasts, Latest, Oil / By

(Reuters) – The sudden and acute disruption to Middle East oil supplies caused by the U.S.-Israeli war with Iran is forcing buyers to tap every available barrel, rapidly dismantling forecasts of an oil glut this year. In February, the International Energy Agency forecast that global oil supply would exceed demand by around 3.7 million barrels …

Rip Up the Glut Forecasts – Mideast Oil Shock Signals Supply Crunch: Bousso Read More »

Goldman Sachs Raises Q2 Brent Oil Price Forecast by $10 to $76 a Barrel

Conventional Energy, Energy Topics & Technology, Forecasts, Latest, Oil, US News / By

March 4 (Reuters) – Goldman Sachs  raised on Wednesday its second-quarter 2026 average price forecast for Brent crude ​oil by $10 to $76 per barrel and for WTI by $9 ‌to $71. These forecasts assume that low oil flows via the Strait of Hormuz will lead to large declines in OECD inventories and Middle ​East …

Goldman Sachs Raises Q2 Brent Oil Price Forecast by $10 to $76 a Barrel Read More »

Barclays Says Brent Could Reach $80 a Barrel on US-Iran Tensions

CDN and International News, Conventional Energy, Energy Topics & Technology, Forecasts, Latest, Oil / By

Feb 27 (Reuters) – Barclays said Brent crude could rise to around $80 per barrel in the event of a material supply disruption, as U.S.-Iran tensions remain elevated. “While it is entirely possible that an escalation does not lead to a supply disruption and the $3-5/b risk premium in oil prices fades quickly, even a …

Barclays Says Brent Could Reach $80 a Barrel on US-Iran Tensions Read More »

OIL IN 2026 – Analysts Hike Oil Outlook on Geopolitical Risks, Oversupply Concerns Limit Upside

Conventional Energy, Energy Topics & Technology, Forecasts, Latest, Oil, US News / By

Summary Brent projected to average $63.85 per barrel in 2026 WTI projected to average $60.38 per barrel in 2026 For table of crude price forecasts, click (Reuters) – Supply risks from ongoing geopolitical tensions have prompted analysts to raise their oil price forecasts for the year, despite concerns that an oversupply will continue to weigh …

OIL IN 2026 – Analysts Hike Oil Outlook on Geopolitical Risks, Oversupply Concerns Limit Upside Read More »

Dominion Energy Forecasts Annual Profit Below Estimates, Raises Spending Plan

Electricity Grid, Energy Topics & Technology, Forecasts, Latest, US News / By

Feb 23 (Reuters) – Dominion Energy (D.N) forecast annual profit below Wall Street expectations on Monday, but raised its five-year capital spending plan by nearly 30% as the utility ramps up its efforts to meet soaring electricity demand. U.S. utilities have been adding billions of dollars to their capital expenditure budgets amid extreme weather conditions …

Dominion Energy Forecasts Annual Profit Below Estimates, Raises Spending Plan Read More »

US Natgas Futures Soar 140% During Arctic Blast, Boosting Consumer Costs

Conventional Energy, Energy Topics & Technology, Finance, Forecasts, Latest, LNG, Natural Gas, US News / By

(Reuters) – U.S. natural gas futures jumped 140% over the past seven trading days, and cash gas and power prices hit record highs this week as an Arctic blast sent heating demand soaring and froze oil and gas wells, cutting gas output to a two-year low. The sharp jump in power prices will ultimately hit …

US Natgas Futures Soar 140% During Arctic Blast, Boosting Consumer Costs Read More »

Subscribe
Subscribe