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- WTI crude oil prices could surge to $100 per barrel in the coming year as there are diminished incentives for producers to boost production, according to a note from JP Morgan cited by Forexlive. The investment bank estimates that the equilibrium price of WTI oil, the U.S. benchmark, is currently at around $70 per barrel.
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Sep 29, 2023 · Brent crude, the international benchmark, will hit $100 a barrel in 2024, Goldman strategists said in a Tuesday note. That's largely because of a supply-demand imbalance in the oil market, which...
- Oil prices just rose above $90
Oil’s steady climb has prompted speculation that prices...
- Oil prices just rose above $90
Sep 6, 2023 · Nadia Martin Wiggen, a director at Svelland Capital, told Bloomberg this morning that Brent could hit $100 a barrel, a level it frequently surpassed in the first months following Russia’s...
- Andrew Ross Sorkin
Jul 18, 2024 · WTI crude oil prices could surge to $100 per barrel in the coming year as there are diminished incentives for producers to boost production, according to a note from JP Morgan cited by Forexlive.
Sep 15, 2023 · Oil prices climbed to their highest level of the year this week, extending a rally that has put a return to $100 a barrel sharply into focus. Analysts at Bank of America said they believe...
Apr 5, 2024 · Oil’s steady climb has prompted speculation that prices could reach $100 per barrel should current market conditions persist. West Texas Intermediate (CL=F) futures were trading above $86...
- 2 min
- Ines Ferré
Sep 18, 2023 · Oil prices are on track to soon cross the $100 per barrel level, but the economy should be able to handle the higher costs of the key energy commodity, Chevron CEO Mike Wirth told Bloomberg in...
Sep 18, 2023 · With oil investors and traders focused on an oil-price rally that has come close to $100 a barrel, some grades of crude oil are already trading above that milestone, highlighting an...
