In its 2025 energy outlook, the bank sees Brent crude averaging $65 a barrel next year, down from around $80 so far this year. It sees U.S. benchmark West Texas Intermediate crude at $61 a barrel next ...
Energy stocks were buoyed by oil prices, which jumped after the US announced new sanctions on Iran’s ‘shadow fleet’. ExxonMobil has appointed Dan Ammann to run its oil and gas production business, ...
U.S. oil futures pared much of their losses Wednesday after the Energy Information Administration reported a bigger-than-expected decline of 5.1 million barrels in U.S. commercial crude inventories ...
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