Major Wall Street banks lowered their oil-price forecast for the remainder of the year amid mounting concerns over the impact of global trade tariffs and an uncertain geopolitical outlook.

Oil prices recovered some losses on Thursday as investors weighed a potential OPEC+ output increase against conflicting ...

HSBC has shaved a few bucks off its oil price crystal ball this week, citing Trump’s tariff tirades and OPEC+’s decision to ...

GS. Sony increases costs of PS5 in Europe, Australia, and New Zealand amid tariff risks. Tech stocks rebound on Trump tariff ...

The Wall Street brokerage also chopped its 2026 ... "The risks to our reduced oil price forecast are to the downside, especially for 2026, given growing risks of recession and to a lesser extent ...

Goldman Sachs lowered its forecast for Brent crude's average price this year by 5.5% to $69 a barrel and for WTI prices by ...