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  2. Oil headed to $65 per barrel in 2025 amid ample supply, BofA ...

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    Oil prices will fall to an average of $65 per barrel in 2025 amid an ... stance on oil [in 2025]," Francisco Blanch, head of Bank of America's global commodities and derivatives research, said ...

  3. Oil prices could soar 62% by early 2025 if the geopolitical ...

    www.aol.com/oil-prices-could-soar-62-192624088.html

    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 ...

  4. Why OPEC's grip on oil markets will continue to weaken in 2025

    www.aol.com/why-opecs-grip-oil-markets-193512699...

    Bank of America expects Brent crude to average $61 per barrel through 2025, indicating a 17% decline from current levels. Higher oil pricing matters to OPEC+ countries given their heavy dependence ...

  5. 2023–2025 world oil market chronology - Wikipedia

    en.wikipedia.org/wiki/2023–2025_world_oil...

    A lower oil rig count and the Russian cap also contributed, though U.S. crude inventories were the highest since June 2021. [2] For the week ending February 3, oil fell nearly 8 percent, with Brent at one point reaching $79.72, lowest since January 11, and WTI reaching $73.13, lowest since January 5.

  6. Oil expected to fall into $60 range in 2025 as inventories ...

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    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 ...

  7. 2020–2022 world oil market chronology - Wikipedia

    en.wikipedia.org/wiki/2020–2022_world_oil...

    Plans for the U.S. to buy oil to refill the Strategic Petroleum Reserve also helped prices rise, with WTI up for the week to $74.29. [141] The following week, with Russia threatening to cut output due to a price cap, oil rose the most in a week since October, with Brent reaching $83.92 and WTI up to $79.56.

  8. Oil oversupply could send prices tumbling in 2025, energy ...

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    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

  9. Predicting the timing of peak oil - Wikipedia

    en.wikipedia.org/wiki/Predicting_the_timing_of...

    36 Estimates of the year of peak world oil production (US EIA) Predicting the timing of peak oil involves estimation of future production from existing oil fields as well as future discoveries. The initial production model was Hubbert peak theory, first proposed in the 1950s. Since then, many experts have tried to forecast peak oil.

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