WTI crude oil shows short-term bullish momentum, trading between key 10- and 20-day moving averages. A breakout above $96.44 or breakdown below $90.49 will set the next move.

Brent crude is now expected to average $85 a barrel this year, up from a previous forecast of $77. The U.S. oil gauge West Texas Intermediate is seen at $79 a barrel from $72 earlier.

WTI crude trades near $97.60 as momentum cools after the recent price hike. The uptrend’s momentum lost some pace, indicating it may be a breather and not a continuation of a fresh uptrend.

The 32 respondents, including fund managers, analysts and economists, see oil prices on average at $88 a barrel six months from now.

Oil prices are up and appear likely to stay at elevated levels for an extended period due to the Iran Conflict's ongoing impacts on markets and infrastructure.

Iran has launched a massive retaliatory campaign following joint U.S. and Israeli airstrikes, sending an unprecedented barrage of more than 500 ballistic missiles and 2,000 drones across targets in Israel and several Gulf states. A drone strike on a ...

Brent crude oil price held steady on Monday as the Iran war continued. It jumped to $112, up by 91% from its lowest level this year. It is hovering near the year-to-date high of $119.50, and analysts at Goldman Sachs believe it has more upside to go in the coming weeks.

Will Brent crude oil price stay above $100 for years amid US-Iran war? Goldman Sachs oil price forecast signals a prolonged surge as supply risks intensify. Oil prices already crossed $110 recently, with Brent near $104 and WTI around $95,

Goldman Sachs late on Sunday raised its 2026 average price forecast for Brent crude oil to $85 per barrel (bbl) from $77, while ​raising its West Texas Intermediate (WTI) forecast to $79/bbl from $72.

The COVID pandemic, when oil prices went negative for a day, is the only time in the index’s nearly 20-year history when prices were more volatile than they are right now.