Oil faces uphill fight as demand woes, oversupply challenge OPEC efforts: Reuters poll
By Anmol Choubey and Brijesh Patel (Reuters) – Oil prices could stall in 2025 as economic weakness in China clouds the demand picture and ample global supplies outweigh support from an expected delay to a planned OPEC+ output hike, a Reuters monthly poll showed on Friday. The survey of 41 economists and analysts predicted that Brent crude would average $74.53 per barrel in 2025, down from a forecast of $76.61 in October. That is the … Read more…