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- Brent oil prices could head back toward $100 a barrel as supply grows tighter in the coming months, JPMorgan said. Analysts expect oil demand to rebound by about 1.5 million a barrels in the last quarter of this year. Meanwhile, releases from the US Strategic Petroleum Reserve will stop, and the EU's partial ban on Russian oil will kick in.
markets.businessinsider.com/news/commodities/oil-price-outlook-brent-crude-100-supply-shortage-russia-jpmorgan-2022-9Oil Price Outlook: Brent Crude Will Retest $100 Amid Supply ...
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Jun 21, 2021 · BofA Global Research raised its Brent crude price forecasts for this year and next, saying that tighter oil supply and demand balances in 2022 could push oil briefly to $100 per barrel.
Feb 9, 2021 · It is very probable that Brent crude oil price could surge to $100 a barrel by the second half of 2022 or early 2023.
Mar 15, 2024 · That is why oil prices will surge high this year with Brent crude hitting $90-$100 a barrel very soon. Dr Mamdouh G Salameh International Oil Economist Global Energy Expert
1 day ago · In addition, global oil inventories are much lower today, currently standing at 4.4 billion barrels — the lowest on record since January 2017. Overall, J.P. Morgan Commodities Research forecasts Brent could average $80/bbl in the fourth quarter of 2024 and $75/bbl in 2025, declining to the low $60s by end-2025.
Sep 25, 2022 · Brent oil prices could head back toward $100 a barrel as supply grows tighter in the coming months, JPMorgan said. Analysts expect oil demand to rebound by about 1.5 million a barrels in the last...
- Thomas Greaney And Finanzen.Net
Brent crude oil - data, forecasts, historical chart - was last updated on October 15 of 2024. Brent decreased 2.45 USD/BBL or 3.17% since the beginning of 2024, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity.
Oct 4, 2021 · Oil prices spiked after OPEC+ agreed to keep its existing schedule of gradual hikes in oil production. WTI crude, the US oil benchmark, rose to its highest since 2014. Brent crude also gained.