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Wall Street Boosts Oil Price Forecasts After OPEC+ Supply Cuts

Wall Street investment banks have raised their price forecasts for oil after OPEC+ moved to slash production by around 2 million barrels per day and squeeze supply in a snub to the Biden administration and its pleas to the cartel to pump more crude. ....

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Oil Will Hit $110 a Barrel After OPEC+ Cuts Supply, Goldman Sachs Says

The oil cartel's members said Wednesday that they would slash crude production in a bid to drive prices higher. ....

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Oil prices surge after OPEC cut and Russian supply warning

Alliance said it plans to slash daily output by 2 million barrels, while Moscow said it would halt supplies to countries which adopt caps ....

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Oil Could Pass, $100 Pushing Up Gas Prices

Gasoline prices will rise along the east coast and in the South while drivers in California, Arizona and Nevada will receive a reprieve. ....

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Morgan Stanley: Oil Prices Will Hit $100 Next Quarter

Morgan Stanley believes oil prices will break $100 in the first quarter of 2023, increasing its forecast from $95 ....

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