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    • $80-85 per bbl

      • "Prices are expected to remain in the $80-85 per bbl range supported by stable demand-supply dynamics," said analysts with CRISIL Market Intelligence and Analytics, adding that slower demand in Europe, coupled with improvement in OPEC+ supply, will keep prices stable.
      www.reuters.com/business/energy/subdued-demand-keep-oil-prices-steady-despite-geopolitical-risks-2024-07-31/
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  2. Jul 18, 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
  3. For 2024 as a whole, global oil supply growth is forecast to average 770 kb/d, which will boost oil supply to a record 103 mb/d. Non-OPEC+ output is expected to rise by 1.5 mb/d, while OPEC+ production will fall by 740 kb/d year-on-year if existing voluntary cuts are maintained.

  4. 2 days ago · Oil price forecast for July 2025. In the beginning at 73.73 dollars. High 73.73, low 66.42. The averaged price 70.95. At the end of the month 69.92, change for July -5.2%. Brent oil price forecast for August 2025. In the beginning at 69.92 dollars. High 69.92, low 62.83. The averaged price 67.20. At the end of the month 66.14, change for August ...

  5. Jul 16, 2024 · Is oil a good investment? Find out the latest oil price forecast and analysis and stay up-to-date on trends, expert insights & factors influencing prices.

  6. Jul 8, 2021 · In the July Short-Term Energy Outlook (STEO), we forecast the Brent crude oil price will average $72 per barrel (b) in the second half of 2021 (2H21) and $67/b in 2022, both $6/b higher than in the June STEO forecast.

  7. Jul 31, 2024 · July 31 (Reuters) - Analysts are holding their oil price forecasts largely steady for the second half of 2024, as geopolitical risks offset muted demand from major consumers like China, a...

  8. Jul 1, 2024 · July 1 (Reuters) - Oil prices gained about 2% to a two-month high on Monday on hopes of rising demand during the Northern Hemisphere's summer driving season and worries that conflict in the...

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