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Banks Cut 2025 Oil Price Forecast Below $60, Survey Shows
Banks are cutting estimates for the average oil price this year to below $60 a barrel amid production hikes from OPEC+ and ...
Crude Oil Price Outlook – Crude Gives Back Initial Gains on Monday
The crude oil market initially gapped higher on Monday, only to turn back around and show signs of weakness. In fact, by the time we got to the “open cry” session, the market had turned negative.
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JP Morgan: Oil Could Hit $130—But We’re Still Calling $60
JP Morgan is sticking to its base-case oil price forecast for 2025, projecting Brent crude will trade in the low-to-mid $60s, ...
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Oil Prices Spike on Conflict - How High Could Crude Go Now?
The Middle East is once again at the heart of global energy turbulence. In a dramatic escalation, Israel launched coordinated airstrikes on Iranian nuclear and energy infrastructure — rattling global ...
What’s Fueling Oil Prices? Geopolitics, Not Growth
Rather, it is geopolitical factors—specifically, escalating tensions in the Middle East—that are unsettling markets and ...
JP Morgan maintains 2025 forecast for oil prices in low-to-mid $60s
JP Morgan downplayed geopolitical concerns on Thursday and maintained its base case forecast for oil prices to stay in the ...
Midland Reporter-Telegram on MSN9d
Banks lower long-term oil price forecasts in Haynes Boone survey
Twice per year, law firm Haynes Boone surveys banks that lend to the energy industry to take their pulse on where oil and gas ...
Banks cut oil price forecast to below $60 but market fundamentals seen rebounding
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.