INFO:
Wall Street analysts are projecting lower oil (BZ=F, CL=F) prices in 2025, with forecasts ranging from $65 to $76 per barrel. Roth Capital Partners senior energy analyst Leo Mariani and S&P Global Commodity Insights head of global oil Richard Joswick join Catalysts to discuss their oil market outlooks. Mariani identifies three key factors driving the oil market heading into the new year: potential increased sanctions, modest improvements in Middle Eastern selling prices, and OPEC countries planning "to make up for that in the first part of
Iran sanctions, OPEC cuts: Top oil market drivers for 2025