Crude oil analysts are in a very rush to revise their forecasts from the wake of Israel’s assaults on Iran as…The OPEC+ team was very likely betting on sturdy demand during the peak summer months driving year when it chose to commence accelerating the oil production hikes in May perhaps. The marketplace proves…Israel has requested the shutdow
JP Morgan is sticking to its base-case oil selling price forecast for 2025, projecting Brent crude will trade within the lower-to-mid $60s, despite a sharp escalation in geopolitical tensions involving Iran,…Yes, WTI and Brent oil futures are commonly used for hedging reasons by members while in the oil marketplace. Oil producers, refiners, and v
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