BMI: The average price of Brent crude oil is expected to be $68 per barrel in 2025.

robot
Abstract generation in progress

Jin10 data on July 11 reported that analysts from Fitch's research institution BMI stated in a report that due to seasonally bullish demand, the fundamentals of the oil market remain tight, while new attacks by Houthi forces on cargo ships crossing the Red Sea have increased risk premiums. President Trump has decided to postpone the reintroduction of the so-called "reciprocal" tariffs until August, which is also positive for the market. As global oil demand declines and production rises, the market is facing oversupply, and Brent crude may face new pressure in the second half of 2025 to 2026. BMI forecasts that the average annual price of Brent crude will be $68 per barrel in 2025 and $67 per barrel in 2026.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 3
  • Share
Comment
0/400
GateUser-4cdb90f0vip
· 07-11 08:33
Ape In 🚀
Reply0
GateUser-4cdb90f0vip
· 07-11 08:33
Ape In 🚀
Reply0
GateUser-4cdb90f0vip
· 07-11 08:30
Bull Run 🐂
Reply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)