Brent prices

Traders spooked by massive crude inventory build

October 16, 2025

(Oil Price)- The American Petroleum Institute (API) estimated that crude oil inventories in the United States increased by a large 7.36 million barrels in the week ending October 10. Analysts had forecast a much smaller 120,000-barrel build for the week. Today’s build comes after the IEA predicted a smaller global oil demand growth estimate for this year, along with a higher

UBS sees near-term Brent prices sliding despite modest annual forecast bump

July 2, 2025

(Investing) – Brent crude prices are expected to drop to the low-to-mid-$60 per barrel range in the near term as traders eye an expected uptick in OPEC+ production and a seasonal slowdown in fuel demand, according to analysts at UBS. In a note to clients, the brokerage predicted that oil markets will see a “larger surplus” after the key summer travel

Traders spooked by massive crude inventory build

UBS sees near-term Brent prices sliding despite modest annual forecast bump

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