#WTICrudeFallsBelow90Dollars Oil prices are expected to decline in the coming months due to the global economic slowdown caused by high interest rates. By the end of the year, WTI is forecast to fall to \(\$70\)–\(\$89\) per barrel, and Brent to \(\$75\)–\(\$96\). But things could change dramatically, in my opinion. I attribute this to the new wave of the Iran conflict.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned