Analysts Cut 2025 Oil Price Forecasts Again
Brent Crude oil prices are expected to average $74.53 a barrel next year, the monthly Reuters poll of dozens of analysts showed on Friday, as the experts downgraded their price outlook for the seventh consecutive month. Brent Crude prices are set to average $74.53 per barrel next year as weaker global demand growth and enough supply would offset the impact of a potential delay to the OPEC+ cuts, said 41 analysts and economists in the survey. Last month, the analysts had expected Brent Crude prices to average $76.61 per barrel in 2025. The analyst…
