Oil Prices Are Likely To Rise Anytime Soon

Rising supply from both OPEC+ and non-OPEC+ producers, slowing demand growth after the peak summer consumption, and uncertainties about demand amid inconsistent U.S. trade and tariff policies are set to keep oil prices subdued around current levels, analysts said in the monthly Reuters poll released on Friday.  The price of Brent Crude, the international benchmark, is expected to average $67.65 per barrel this year, according to nearly three dozen economists and analysts surveyed by Reuters. The forecast in the August poll is slightly lower…Weiter zum vollständigen Artikel bei OilPrice.com Weiter zum vollständigen Artikel bei OilPrice.com