The authority expects "most production" to recover by early 2027
Citigroup has raised its forecast for Brent crude in the third quarter to $80 per barrel from $75, as the prolonged US-Iran conflict continues to disrupt oil supplies and efforts to restore normal shipping through the…
By 4:59 p.m. Moscow time, Brent crude gained 3.39% to $86.38 per barrel
By 7:31 p.m. Moscow time, Brent edged up by 4.3% to $87.14 per barrel
Brent crude oil prices surge above $88 amid hopes of a US-Iran deal to ease the Strait of Hormuz crisis. Learn how this impacts global oil supplies.
Citigroup has raised its forecast for Brent crude in the third quarter to $80 per barrel from $75, as the prolonged US-Iran conflict continues to disrupt oil supplies and efforts…