Oil rises for 6th straight week as global supplies tighten
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/12/2026
- Wall Street ends up on Iran war peace deal hopes, SpaceX's historic debut
- SpaceX prices historic IPO at $135/share in largest ever new listing
- 'Ocean of opportunity': Wolfe initiates SpaceX at Buy ahead of historic IPO
- UBS cuts gold price forecasts on delayed Fed easing outlook
- Brent falls to lowest since March on expected peace deal
- NASDAQ adds five companies to NASDAQ-100 index in quarterly rebalance
- Adobe CFO Dan Durn to depart company in June 2026
- Oppenheimer Starts SpaceX (SPCX) at Outperform, PT $190, 'space infrastructure appears structurally advantaged'
- Pentagon reportedly locked down, hazmat teams responding
- Super Micro Computer establishes $1.25 billion stock sale agreement
UBS sees Brent crude at $90 by the end of 2023 - here's why
August 4, 2023 2:24 PM EDTWith Brent crude oil climbing above the $85 level this week, UBS analysts told investors in a note that they feel the rally "can go further."
The firm said in a note this week that "given the constructive forces" they see for crude in the coming months, they remain positive on oil and continue to expect prices to rise towards USD 90/bbl by the end of 2023. Here's why:
Prospects... More
