LONDON—Banks raised their forecasts for oil prices for the fifth month in a row in February, signaling continued confidence that prices will continue to recover as the global supply glut drains due to production cuts. Brent crude—the global benchmark—is now expected to average $62 a barrel ...
CLK8 futures: latest news on gold prices for Crude Oil May 2018, from MarketWatch.
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Houston-based W&T Offshore recorded an increase in profit and revenues for the fourth quarter of 2017 helped by higher oil prices. The company plans to spend $130 million in 2018.
Apr 30, 2013 · Update: an updated oil price forecast was published December 18, 2014. Oil prices are headed down, and I mean down at least $20 a barrel. The key reason is that prices have been high.
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Dennis Coyne, an editor and frequent contributor to this blog, has suggested that we are not at peak oil. He argues that there is likely to be a dip in production starting next year but higher prices will cause things to turn around and we will surpass the 2015 peak by 2019.
Get the latest price on Crude Oil WTI (NYMEX) as well as the latest prices for other major commodities at Nasdaq.