Oil prices climbed above $80 (£59) a barrel on Tuesday, hitting their highest level in three years as the pound slumped. Brent crude, the international benchmark, rose to as much as $80.69 on the ...

Goldman Sachs expects Brent prices to average around $80 per barrel this year, despite a 2024 deficit and geopolitical ...

The price of oil has surged by more than 3pc today after mounting tensions in the Middle East pushed a barrel above $80 for ...

Brent crude surged above $80 per barrel on Monday ... suggested that it might consider alternatives to striking Iranian oil fields. These comments did little to ease market jitters, which continue ...

told the BBC the move by Opec+ appeared to be an attempt to keep the oil price above $80 a barrel in the medium term, given that demand could be hit by a weakening global economy and sanctions ...

KUALA LUMPUR: Oil and gas (O&G) stocks are among the most active counters on Bursa Malaysia in early trade on stronger oil prices. The Bursa Malaysia Energy Index rose 0.17%, or 1.47 points to 843.73.

from $80/bbl. However, "we maintain our baseline forecast for $74/bbl Brent in 4Q'24 and $65/bbl during 1Q'25, owing to weak underlying oil market fundamentals," Citi added. It also said it was ...