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Banks are cutting estimates for the average oil price this year to below $60 a barrel amid production hikes from OPEC+ and ...
Crude oil strength persists as it holds above the 200-Day MA, with recent patterns suggesting a continuation higher if resistance at $76.29 is broken.
JP Morgan is sticking to its base-case oil price forecast for 2025, projecting Brent crude will trade in the low-to-mid $60s, ...
JP Morgan downplayed geopolitical concerns on Thursday and maintained its base case forecast for oil prices to stay in the ...
Never try and predict what the price of oil is going to be, because there’s one sure thing: You’re going to be wrong,” says ...
El Mundo on MSN16h
Oil price surge threatens economic forecasts in Spain: risk of lower growth and higher inflationIf the price of crude oil does not return to around $65 per barrel, it will subtract tenths from the GDP and delay the ...
Rather, it is geopolitical factors—specifically, escalating tensions in the Middle East—that are unsettling markets and ...
The IEA announced on Tuesday that global oil demand is projected to continue increasing until approximately 2030.
Brent crude oil price surged on Friday, continuing the gains that started in May after Israel attacked Iran’s nuclear sites ...
11d
Midland Reporter-Telegram on MSNBanks lower long-term oil price forecasts in Haynes Boone surveyTwice per year, law firm Haynes Boone surveys banks that lend to the energy industry to take their pulse on where oil and gas ...
More than two dozen banks have cut their 2025 forecasts for oil prices in the wake of OPEC's move to accelerate production hikes later this summer, according to a new survey.
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