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Oil prices will fall to an average of $65 per barrel in 2025 amid an oversupply of crude and a ... Brent , the international ... JPMorgan forecasts Brent slipping from an average of $80 per barrel ...
Brent futures fell 72 cents, or 1.0%, to settle at $73.19 a barrel, while U.S. West Texas Intermediate crude slipped 63 cents, or 0.9%, to settle at $70.08. ... -Oil prices eased about 1% to a one ...
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 survey of 31 economists and analysts predicted that Brent crude would average $74.33 per barrel in 2025, down from a forecast of $74.53 in November, marking an eighth straight downward revision.
Oil prices plunge 6% as Israel's retaliatory strike against Iran spares crude facilities. ... The analysts lowered their Brent forecast for the fourth quarter of this year to $70 per barrel, down ...
Wall Street is raising its forecasts on oil prices following a surprise OPEC+ announcement to cut production. ... Goldman Sachs Commodities Research analysts increased Brent forecasts by $5/bbl to ...
Expect Brent crude prices to stay relatively flat next year before falling in 2025, say JPMorgan analysts.
The fourth-quarter Brent price deck remains at $75/bbl, in line with quarter-to-date levels and the strip, while the 2025 price deck stays at $70/bbl, consistent with J.P. Morgan’s outlook.