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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 ...
JP Morgan downplayed geopolitical concerns on Thursday and maintained its base case forecast for oil prices to stay in the ...
JP Morgan is sticking to its base-case oil price forecast for 2025, projecting Brent crude will trade in the low-to-mid $60s, ...
"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 ...
Rather, it is geopolitical factors—specifically, escalating tensions in the Middle East—that are unsettling markets and ...
Tensions at the Strait of Hormuz risk 20M bpd in crude oil flow, fueling a sharp rally in oil futures and boosting market ...
Brent crude oil price surged on Friday, continuing the gains that started in May after Israel attacked Iran’s nuclear sites ...
Oil prices have surged while global shares are lower after Israel struck Iranian nuclear and military targets in an attack ...
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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 ...
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