Last week, JPMorgan estimated that global oil prices could reach $380 a barrel if US and European penalties prompt Russia to inflict retaliatory crude-output cuts. And yesterday, Citi said that crude oil could collapse to $65 a barrel by the end of this year if a demand-crippling recession hits the global economy. After crude oil fell 9% overnight to an 8-week low, Manisha and Karunya talk demand and supply concerns as well as see where it could be headed
first published: Jul 6, 2022 02:22 pm
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