Pre. Settlement | N/A |
Settlement Date | 2024-10-01 |
Open | 78.86 |
Bid | 75.10 |
Last Price | 78.82 |
Day's Range | 76.70 - 79.52 |
Volume | |
Ask | 77.50 |
Goldman Sachs and Morgan Stanley are lowering their price forecasts on crude oil (BZ=F, CL=F) as OPEC+ plans to increase its production output this October and conflicts escalate in the Middle East between Israel and Hezbollah forces in Lebanon. Yahoo Finance senior business reporter Ines Ferré highlights these revised price forecasts and what it means for oil producers. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Luke Carberry Mogan.
The latest investor updates on stocks that are trending on Tuesday.
Oil prices rose on Monday as geopolitical tensions and cuts from Libya added to supply worries.