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

    www.aol.com/finance/oil-headed-65-per-barrel...

    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 ...

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

    www.aol.com/finance/oil-expected-fall-60-range...

    "Global oil demand growth will likely decelerate from 1.4 mbd this year to 1 mbd in 2025 as the last phase of the post-pandemic rebound dissipates and advancing energy efficiencies and an ...

  5. 2023–2025 world oil market chronology - Wikipedia

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

    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]

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

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

    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 ...

  7. Predicting the timing of peak oil - Wikipedia

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

    A logistic distribution shaped world oil production curve, peaking at 12.5 billion barrels per year about the year 2000, as originally proposed by M. King Hubbert in 1956. In 1956, M. King Hubbert created and first used the models behind peak oil to predict that United States oil production would peak between 1965 and 1971.

  8. Price of oil - Wikipedia

    en.wikipedia.org/wiki/Price_of_oil

    A chart showing the start price, end price, highs and lows of WTI oil prices for each year of the decade. By mid-January 2022, Reuters raised concerns that an increase in the price of oil to $100—which seemed to be imminent—would worsen the inflationary environment that was already breaking 30-year-old records. [122]

  9. China's weak economy and record US production will lead ... - AOL

    www.aol.com/chinas-weak-economy-record-us...

    The oil market could see a surplus of one million barrels of crude a day in 2025, the IEA forecast. ... grow by 990,000 barrels a day next year. OPEC+, the oil cartel ... record-setting prices at ...