Wall Street’s leading banks see rebound in oil prices ...Qatar

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Oil is set to rebound in the fourth quarter, according to some of Wall Street’s leading banks, as low inventories and sustained demand underpin a recovery despite growing concerns of a global slowdown. JPMorgan Chase & Co forecasts London’s Brent oil at $101 a barrel for the final three months of 2022, while Goldman Sachs Group Inc sees $125 and Morgan Stanley targets $95. The global crude benchmark was last near $90. Oil markets have had a tempestuous year, roiled by the war in Ukraine, a raft of sanctions that are recasting energy flows and, more recently, aggressive central bank tightening to restrain inflation. The outlook for the balance of the year and into 2023 will be among the chie

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