Saudi Arabia needs oil at more than $90 a barrel to balance its budget. Goldman Sachs this week lowered its Brent crude price forecast for 2025 to $62 a barrel.

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Crude oil price crashes, puts 2025 FG revenue target in jeopardy

The price of Bonny Light, Nigeria’s premium oil grade, yesterday, dropped by 5.09 per cent to $59.62 per barrel in the global market at the backdrop of the ongoing ripples created by the tariff war ...

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Brent crude dips below $60 per barrel for first time in 4 years

Brent crude dipped below $60 per barrel for the first time in four years as Donald Trump’s sweeping global import tariffs went into effect and his trade war with China escalated.

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Crude Oil WTI (NYM $/bbl) Front Month

2-Year U.S. Treasury Note Continuous Contract $103.570-0.363-0.35% 5-Year U.S. Treasury Note Continuous Contract $107.805-0.727-0.67% 10-Year U.S. Treasury Note Continuous Contract $110.531-0.938 ...

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Crude Oil Slump Could Extend as Tariffs Compound Supply-Driven Weakness

The ongoing tariff war is shaking the markets, and it has its impact on oil prices, too. The value of crude oil is falling quickly, pushing the price of WTI oil below $60 per barrel. Adding to the ...

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