JP Morgan sounds alarm over oil price prospects
Jul 2nd 2022 9:27am EDT
The bank’s analysts warn that a worst-case Russian cut will push crude to $380 per barrel Global oil prices could reach a “stratospheric” $380 per barrel if Western penalties prompt Russia to impose retaliatory output cuts, according to JPMorgan Chase analysts. “The most obvious and likely risk with a price cap is that Russia might […]
Promote it on DissentWatch!
- To advertise this post for $0.02 per visit send bitcoins to the address below
- The post will be promoted daily via social media & our "Featured News" display in multiple places
- You can add more anytime
- Ranking order in the Featured News box is based on the balance remaining
Received: 0 mBTC (0.00 USD)
Spent: 0 mBTC (0.00 USD)
Balance: 0 mBTC (0.00 USD)
The amounts above may be lagging behind. If you just sent a payment click below to get more up to date results and push the post to the "Featured News" box faster.