J.P. Morgan analysts highlighted that Brent crude oil 'is on track to average $80 per barrel in 2024', which they pointed out is $3 below their projections from last June. In J.P. Morgan’s last ...

Morgan Stanley revised its Brent crude price forecast to $70 per ... Early on Friday, oil prices were on track to book a weekly loss, as prices have been little moved since the OPEC+ decision ...

J.p. Morgan Investment Management Inc. Dec 19 (Reuters) - JP Morgan on Thursday forecast Brent oil prices to decline to $73 per barrel in 2025, as it sees a shift in the global oil market from a ...

J.P. Morgan also said that large surpluses will drive Brent prices below $60 by the end of 2026, with an average Brent forecast of $61/bbl and $57/bbl for West Texas Intermediate oil.

The fourth-quarter Brent price deck remains at $75/bbl, in line with quarter-to-date levels and the strip, while the 2025 price deck stays at $70/bbl, consistent with J.P. Morgan’s outlook.

Morgan Stanley and HSBC revised down their expectations for an oil market surplus next year and forecast a Brent price of $70 per barrel, following a decision by OPEC to delay and slow plans for ...

Morgan Stanley bumped up its Brent price view for the second half of 2025 and said it now expects a smaller oil market surplus for the year following a decision by OPEC+ oil producers to delay and ...