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Barclays lowered the WTI oil price estimate to $37.
Barclay’s analyst Thomas Driscoll keeps his bearish outlook for oil prices, despite rumors about possible cooperation between Russia and OPEC. He significantly lowered the crude oil price estimate for...
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HSBC expects $45 for oil.
HSBC decrease its forecast for Brent Crude by $15 and now estimates a price of $45 per barrel for 2016. It also changed its estimate for fuel prices in 2017 from $70 to $60 and for prices in 2018 from...
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Morgan Stanley lowered its oil forecast to $31.
Morgan Stanley lowered its forecast for oil price on Feb 4. According to the analyst Adam Longman, the weaker-than-expected demand, higher-than-expected supply, rising inventories postpone the...
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Morgan Stanley cut the oil forecast by 50%.
Morgan Stanley cuts its oil price forecast by 50%. According to the analysts, the oil price will trade at less than $30 per barrel in 2016. The last estimate from Morgan Stanley was above $50. The low...
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False hope drive the oil prices higher according to Barclays.
Michael Cohen, Barclays head of energy commodities research said on Friday, that he was not moved by the latest announcement from Saudi Arabia’s oil minister, which triggered hopes and drove the oil...
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Credit Suisse expects the oil price to hit $50.
According to Credit Suisse’s global equity research analysts the price of Crude oil may reach as high as $50/bbl by May 2016. The analysts mentioned that the fundamentals improved in February, so the...
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Oil target of $50-55 from Deutsche Bank.
Michael Hsueh, a commodities analyst at Deutsche Bank thinks that we will see higher crude prices in the years ahead. “Our revised balance shows that the current year will remain in a material surplus...
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WTI oil analysis from Goldman Sachs.
According to Goldman Sachs analysts the oil price of $35 a barrel is right to make shares of U.S. explorers worth buying. Oil at $30 to $35 a barrel will keep the behavior of U.S. companies steady and...
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Barclays outlook on oil after failed Doha meeting.
Commodity analysts at Barclays provided their outlook on Brent Crude after the Doha meeting, where the oil exporting countries failed to reach a decision on oil production freeze. “Sunday’s highly...
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Oil prices will reach $60 according to Goldman Sachs.
Goldman Sachs analysts provided positive outlook on oil prices after being one of the most bearish viewers for a long time. “We expect that deferred prices will start to stabilize, consistent with the...
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