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JPMorgan forecasts Brent slipping from an average of $80 per barrel this year to $73 per barrel in 2025 and $61 in 2026. Ines Ferre is a senior business reporter for Yahoo Finance. Follow her on X ...
The bank said oil prices could go as high as $120 per barrel in the first quarter of 2025, implying a 62% increase. Brent crude , the international benchmark, traded around $73.48 a barrel around ...
Lee expects Brent to start falling into the $70 range later this year and into the $60 range in 2025. His prediction comes as oil alliance OPEC+ has said it wants to start phasing out voluntary ...
OPEC+ faces a major oil oversupply in 2025, challenging production increases. The coalition has tried to boost oil prices by holding back output. Instead, members are ceding control to non-OPEC ...
Some forecasters have called for oil prices to hit $50 a barrel. That would mark a decline of nearly 40% from current levels. Oil oversupply could send prices tumbling in 2025, energy analyst says
The day after oil fell nearly 5 percent to a four-month low, the fourth down week finished with Brent at $80.61 and WTI at $75.89 as a result of continued bad news from China, high U.S. inventories and record production, with sanctions on Russian oil shipments causing prices to increase. [41] [42]
Crude oil markets rallied to start the week on Monday, as we continue to see a bit of resiliency in this market overall. Helping the situation was a falling US dollar as well.
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