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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/

      Subdued demand to keep oil prices steady despite geopolitical ...

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  3. capex.com › en › overviewOil Forecast and Price Predictions 2024, 2025-2030 - CAPEX.com

    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.

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  4. www.techopedia.com › investing › oil-price-forecastOil Price Forecast and Trends for 2024, 2025 and 2030 ...

    Jul 16, 2024 · In its latest Short-term Energy Outlook (SEO) released in July, the US Energy Information Agency (EIA) raised its Brent oil price forecast for 2024 to $86/bbl from $82/bbl in its February outlook.

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  6. www.iea.org › reports › oil-market-report-july-2024Oil Market Report - July 2024 - International Energy Agency

    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.

  7. www.reuters.com › business › energySubdued demand to keep oil prices steady despite geopolitical ...

    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. www.reuters.com › business › energyOil prices up 2% to two-month high on summer demand hopes ...

    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...

  9. primexbt.com › oil-price-prediction-forecastCrude Oil Prices Forecast & Predictions for 2024, 2025 & 2030

    Jul 11, 2024 · The projected price is meant for 2024. Meanwhile, Goldman Sachs believes that the markets may not reach higher oil prices, and top a maximum of only $81 in the same time. Bank of America has analysts that believe a warmer than average start for a potential rally is predicted with $86 per barrel some time in 2024.

  10. www.iea.org › reports › oil-market-report-july-2023Oil Market Report - July 2023 - International Energy Agency

    Jul 13, 2023 · Global oil demand is projected to climb by 2.2 mb/d in 2023 to reach 102.1 mb/d, a new record. However, persistent macroeconomic headwinds, apparent in a deepening manufacturing slump, have led us to revise our 2023 growth estimate lower for the first time this year, by 220 kb/d.