Banks betting on market fundamentals despite trade policy upheaval
Oil & Gas 360º
JUNE 4, 2025
Oil forecasts show the immediate market impact from the approximately $10 per barrel drop in April 2025, with banks reducing their 2025 price projection to $58.30 per barrel from $61.89 per barrel in Fall 2024. After 2027, they expect prices to ease as U.S. This long-term projection is a modest decrease of about $1.50/bbl
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