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Meanwhile, BofA analysis shows prices could drop to an average of $65 per barrel in 2025, particularly if the Organization of Petroleum Exporting Countries (OPEC) decides to bring barrels back ...
Oil prices jump to 5-month high over increasing worries of supply crunch stemming from sanctions ... rose nearly 3% to settle at $78.82 per barrel, the ... Click here for in-depth analysis of the ...
On the winning side of Wall Street were oil-and-gas companies after the price of oil climbed. A barrel of benchmark U.S. crude rose 2.9% to $78.82, while Brent crude climbed 1.6% to $81.01.
Oil prices slid on Tuesday after ... dropped more than 2% to close at $76.89 per barrel ... Click here for in-depth analysis of the latest stock market news and events moving stock prices.
Oil firms appear reluctant to flood the market with supply with prices already in a slump. ... the US pumped out an average of 13.4 million barrels of oil a day in 2024, setting a fresh record for ...
Stock market news live updates: Stocks crater, Dow hits 2022 low, and oil plunges as Fed and growth fears roil markets. ... futures settling nearly 6% lower at $78.74 per barrel.