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Oil Price Forecast by ‘JP Morgan’ Dropped 5 Dollars

Kategori : ENERGY AGENDA NEWS, OIL & FUEL SECTOR NEWS - Tarih : 16 August 2021


The year-end oil price forecast by the American investment bank JP Morgan was reduced by $5 per barrel.

In the report prepared by JP Morgan, the crude oil price forecast for the end of 2021 was reduced from $83/barrel to $78/barrel.

In addition, the 3rd quarter forecast for global oil demand was reduced by 1 million barrels per day.


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