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Brent oil dropped below $60 a barrel for the first time since May, breaching a key level as supply outpaces demand and is on course to continue do so at a record clip next year. Brent fell as much as ...

Brent crude oil fell over 2% to below $60 per barrel, its lowest level since May, due to rising hopes for a potential peace deal in the Russia-Ukraine conflict. The prospect of a peace agreement could ...

(Bloomberg) --West Texas Intermediate oil fell below $55 a barrel for the first time since February 2021 on signs that supply is outpacing demand, while progress in Ukraine peace talks could lead to a ...

Brent crude oil price extended previous losses to a two-month low. Concerns over a supply glut and slow demand growth in 2026 continue to weigh on the market. IEA has presented a brighter demand ...

Brent crude oil prices are likely to remain tepid in 2026, suggests a recent note by Rabobank International. Their current forecast sees Brent at $60 a barrel (bbl) in Q1, then average $57 for Q2 and ...