JP Morgan is sticking to its base-case oil price forecast for 2025, projecting Brent crude will trade in the low-to-mid $60s, Regardless of a pointy escalation in geopolitical tensions involving Iran,… It may perhaps return, nevertheless it wont be propelled by the US. There expansion is restricted to west Texas and New Mexico, but drilling ex

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But i anticipate that A great deal worse than shale -> Saudi and Russia has peaked (here its also peak CHEAP oil, there remains to be ALOT of oil in the bottom, but way more expencive to extract, say oil goes to 90-100$ per barrel and that oil can also be likely to be extracted, after which just marginally in excess of break even. But just before t

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