Oil traders are suddenly being asked to imagine a world where crude prices are cut in half, not by a shock collapse in demand, but by a deliberate flood of new supply. JPMorgan is floating a scenario ...
Oil prices hit five-year lows… don’t expect a sustained turnaround anytime soon… why doesn’t AI energy demand prop up prices?
Investing.com -- The global oil market looks at heavy oversupply next year while U.S. natural gas is set to benefit from new export capacity and higher power demand, says JPMorgan.
The next two years could see a colossal plunge in the price of oil, JPMorgan says. Demand growth is slowing, while supply is expected to continue rising steadily. According to the bank, this ...
Market Domination host Josh Lipton and Yahoo Finance senior reporter Brooke DiPalma track several of the day's top trending ...
JPMorgan predicted Brent crude to be $57 per barrel in 2027 and West Texas Intermediate (WTI) at $53, while maintaining its estimates for 2026 at $58 ...
On the flip side, oil is in for a rougher ride. JPMorgan's commodity team, led by Natasha Kaneva, expects the market to shift from a balanced 2024 to a 1.3 million barrels per day (MMBo/d) surplus in ...
(Reuters) - JP Morgan on Monday lowered its oil price forecasts for 2025 and next year, citing higher production from OPEC+ and weaker demand. The bank cut its 2025 Brent price forecast to $66 per ...
JP Morgan expects APA Q1 results to beat expectations, with oil production near 398 MBoe/d despite some gas/NGL shut-ins. Analyst forecasts capex at $776M, slightly above guidance, and FCF yields of 9 ...
Today’s edition tracks the rupee hitting a record low, India’s energy-transition imperatives, Delhi’s air quality emergency, ...
Demand growth is slowing, while supply is expected to continue rising steadily. According to the bank, this structural imbalance could push prices down by 50% by the end of 2027. Oil has largely ...