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In March, Morgan Stanley strategist Martijn Rats raised his Brent crude price forecast by $10 per barrel to $90 by the third quarter of this year given "tighter supply/demand balances."
The bank said oil prices could go as high as $120 per barrel in the first quarter of 2025, implying a 62% increase. ... to Russia-Ukraine in 2022," Lee said ... he said of the bank's forecasts ...
Although countries increased oil production in May, demand forecasts were high and on June 8 WTI closed above $70, with Brent at $72.22, the highest since May 2019. [50] On June 25 WTI ended the week at $74.05, up 3.9 percent for the week, the fifth week in a row with an increase. Brent ended at $75.38 the highest since October 2018.
Goldman Sachs is warning of potential upside risks to oil prices following U.S. sanctions on Russia's energy sector, with Brent crude already approaching $80 per barrel and the possibility of ...
Crude oil markets have gone back and forth during the trading session on Friday, in an apparent bid to put everyone to sleep. Crude Oil Price Forecast – Crude Oil Markets Continue to Consolidate ...
Crude oil markets have gotten slammed during the trading week to reach the bottom of the triangle, only to turn around and show signs of life as we are closing towards the top of the same triangle.
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