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Banks are cutting estimates for the average oil price this year to below $60 a barrel amid production hikes from OPEC+ and ...
JP Morgan is sticking to its base-case oil price forecast for 2025, projecting Brent crude will trade in the low-to-mid $60s, ...
JP Morgan downplayed geopolitical concerns on Thursday and maintained its base case forecast for oil prices to stay in the ...
Never try and predict what the price of oil is going to be, because there’s one sure thing: You’re going to be wrong,” says ...
Calm returned to Wall Street, and U.S. stocks rallied, while oil prices gave back some of their initial spurts following ...
Rather, it is geopolitical factors—specifically, escalating tensions in the Middle East—that are unsettling markets and ...
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Midland Reporter-Telegram on MSNBanks lower long-term oil price forecasts in Haynes Boone surveyTwice per year, law firm Haynes Boone surveys banks that lend to the energy industry to take their pulse on where oil and gas ...
More than two dozen banks have cut their 2025 forecasts for oil prices in the wake of OPEC's move to accelerate production hikes later this summer, according to a new survey.
Crude oil extended its rally Thursday, reaching $69.16 before resistance set in. Technical targets suggest potential continuation toward $72 to $75 if momentum holds or following a pullback.
That sent the yield on the 10-year Treasury up to 4.41% from 4.36% late Thursday. Higher yields can tug down on prices for ...
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