Thomas Pecora
12:33
Oil drilling rigs Barclays on Thursday said it raised its Brent oil price forecast by $6 to $72 per barrel for 2025 and by $10 to $70 a barrel for 2026 on an improved outlook for demand, Reuters reported. “Geopolitical tensions have eased as the US.-mediated ceasefire between Israel and Iran continues to hold
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Oil drilling rigs
Barclays on Thursday said it raised its Brent oil price forecast by $6 to $72 per barrel for 2025 and by $10 to $70 a barrel for 2026 on an improved outlook for demand, Reuters reported.
“Geopolitical tensions have eased as the US.-mediated ceasefire between Israel and Iran continues to hold and the risk premium has evaporated…
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