JP Morgan is sticking to its base-scenario oil cost forecast for 2025, projecting Brent crude will trade from the lower-to-mid $60s, despite a sharp escalation in geopolitical tensions involving Iran,…Crude oil rates, which were rising previously this week, retreated partly adhering to a report of an inventory build in The usa that traders eviden
But i anticipate that much even worse than shale -> Saudi and Russia has peaked (right here its also peak CHEAP oil, there remains to be ALOT of oil in the ground, but way more expencive to extract, say oil goes to 90-100$ for every barrel Which oil is usually likely to be extracted, then just a bit about split even. But ahead of that we'll most po
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