My expectations for February 2025 West Texas Intermediate (WTI) oil prices are the same as they were for January 2025 - that is, $67.50 to $77.50 per barrel. Aside from the additional Russian ...
The January oil price rally gave way to a sell-off in February as the market started pricing in the trade war risks that could dampen economic and oil demand growth in the world’s biggest economies.
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In January, the global oil market experienced multidirectional price dynamics. Up to the middle of January, quotes steadily increased, then a correction began, and by the end of last month, ...