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Oil Prices Continue to Fall | OilPrice.com. Oil prices fell due to concerns about President Trump's tariffs and potential global recession, with West Texas Intermediate crude briefly dipping below $60 per barrel. HSBC Maintains Bearish Oil Price Forecast Despite OPEC+ Hikes. It's important to note that, hSBC predicts OPEC+ will accelerate output increases in late 2026, despite a Q1 2026 pause, leading to a significant oil surplus next year unless Brent prices fall below $55. Wall Street Forecasts Oil in the $50s Next Year - OilPrice.com. Oil prices are set to further drop in the first quarter of 2026, with Brent at $62.73 and WTI at $59.65 per barrel, according to the Journal’s survey.
4 days Oil Prices Set to Extend Losing Streak as Floating Storage Soars 4 days Tesla Shareholders Approve Elon Musk’s Record $1 Trillion Pay Package gasoline prices continue to head lower after the Memorial Day weekend amid lower oil prices and tepid demand. In relation to this, the national average for a gallon of regular gasoline has fallen… Electricity Prices Are Surging Despite Promises of Relief. electricity prices have risen faster than inflation since 2022 and are projected to increase by 13% from 2022 to 2025, driven by infrastructure costs and soaring demand.
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