Analysts Don’t See Too Much Upside for Oil Prices ...Middle East

OILPRICE - Economy
Analysts Don’t See Too Much Upside for Oil Prices
source : OILPRICE ( Middle East ) () 55
The OPEC+ group’s production increase and expectations of weaker demand growth due to the U.S. tariff policies and potential economic slowdown will cap oil price rises this year, the monthly Reuters poll showed on Monday. Brent Crude prices are set to average $72.94 a barrel this year, according to the poll of 49 analysts and economists in March. That’s lower than the average of $74.63 per barrel expected by the experts in the February Reuters survey. WTI Crude, the U.S. benchmark, is set to average $69.16 per barrel in 2025, down from…

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