Barclays Slashes Oil Price Forecast on 500,000 Bpd Demand Growth Cut
Barclays sees Brent Crude prices at $74 per barrel this year, down by $9 from its previous forecast, as it slashed its global demand growth estimate in mounting economic uncertainties. “We turn neutral on oil prices relative to the curve and consensus, as we revise down our 2025 demand outlook
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