Oil prices could stay at higher levels in the years to come as demand rebounds while supply remains tight, according to Goldman Sachs’ head of energy research. Damien Courvalin, who is also a senior commodity strategist, said the market fundamentals warrant higher prices and that the bank’s forecast for Brent […]

Russian President Vladimir Putin attends a session of the board of trustees of the Russian Geographical Society via a video conference call in Moscow, Russia April 14, 2021. Alexei Druzhinin | Reuters Russian President Vladimir Putin said Wednesday that oil prices could well reach $100 per barrel as demand for […]

Gas prices approaching $5 a gallon are displayed in front of a Shell gas station on October 05, 2021 in San Rafael, California. Justin Sullivan | Getty Images Gas prices have steadily climbed higher this year, and Americans are now paying the most at the pump in seven years. The […]