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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 ...
Oil prices bounced around quite a bit in 2024. They rallied more than 20% at one point -- topping $85 per barrel -- before cooling off toward the end of the year. Oil was recently below $70 a ...
Oil rose for the first week of 2024 due to the Israel-Hamas War threatening to become a larger conflict, and positive U.S. economic news. Brent finished at $78.76 and WTI at $73.81. [49] Continuing Houthi attacks disrupted oil trading and increased costs, driving up oil prices. Brent finished January at $80.55 and WTI at $75.85. [50]
The week ending September 24 was the fifth week of increases for WTI, ending at $73.98, and the third for Brent, which closed at $78.09, the highest since October 2018. Supply disruptions included Hurricane Ida and problems with OPEC and associated countries. [63]
24 /7 Help. For premium support please call: ... 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+ ...
On August 2, 2021, it was announced that News Corp, the parent company of Dow Jones & Co., would buy OPIS from IHS Markit for US$1.15 billion. [3] When the purchase was finalized on February 28, 2022, the company became a unit of News Corp. [4]
The IEA forecasts a major oil supply glut in 2025, and even if OPEC+ continues to limit production, it won't be enough to address the overhang. ... 24/7 Help. For premium support please call ...