27-03-2024 18:54 via rocketnews.com

Oil could trade near $100 this year. Here’s what could drag prices back down.

Russia’s decision to deepen its oil production cuts could lift global benchmark crude near $100 a barrel by September, but demand destruction may play a part in dampening price prospects, said analysts at J.P. Morgan.
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[mwai_chat context=”Let’s have a discussion about this article:nnRussia’s decision to deepen its oil production cuts could lift global benchmark crude near $100 a barrel by September, but demand destruction m
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