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- The short to medium term outlook for crude oil remains bearish. The fear of stagflation is gripping the US market with inflation expected to stick higher, which may keep the interest rates higher and could see slowdown in global expansion in coming quarters.
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Will oil prices fall in the next 5 years?
Is crude oil demand going down?
What will Brent crude prices be in 2025?
Will crude prices stay power after a downturn?
New York CNN — US oil futures notched their seventh straight week of declines on Friday, marking their longest losing streak in five years. The prolonged drop comes as analysts worry about...
Apr 16, 2024 · Oil price prediction for the next 5 years and beyond: some expect demand for fossil fuels could fall in the medium-to-long-term, leading to a lower oil price in 5-10 years’ time. EIA expects the average Brent crude prices at $61/bbl in 2025 and $73/bbl in 2030.
- Cristian Cochintu
Aug 15, 2022 · A growing number of energy investors are skeptical about the future of oil-based transportation and say prices over the long term will come down.
Jun 13, 2022 · Oil prices could fall slightly over the months to come, but are still expected to end the year worth more than $100 US per barrel.
Nov 18, 2022 · Nov. 18, 2022. HOUSTON — Saudi Arabia is slashing oil exports. U.S. crude oil in storage is dropping. Members of the European Union will soon sharply reduce how much fuel they buy from...
Jun 3, 2024 · Oil prices tumbled more than $2 a barrel on Monday to their lowest in nearly four months, as investors worried about the demand outlook and took a complicated OPEC+ output decision as a sign that...
Apr 20, 2020 · The deepening fall in oil prices has come despite an Opec-backed deal to cut roughly 10 per cent of global crude supply. Reductions of varying magnitude are planned to run until April 2022 as...
