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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.
oilprice.com/Latest-Energy-News/World-News/JP-Morgan-Explains-Why-Oil-Prices-Could-Hit-100-This-Year.html
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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,...
- 8 min
- Jennifer Sor
Jan 20, 2022 · (4 min) Oil has been rallying to start the year, with no shortage of bullish factors working to lift prices to their highest levels in more than seven years, raising expectations that the...
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...
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...
- Thomas Greaney And Finanzen.Net
Sep 27, 2023 · Many energy analysts think that oil prices will soon rise above $100 a barrel for the first time in more than a year, since the turmoil that followed Russia’s invasion of Ukraine.
Sep 21, 2023 · A growing number of forecasts are calling for the return of $100 US oil before the end of the year — a prospect that could put even more pressure on consumers and make it harder for central...
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