Oil markets are increasingly converging on a view that crude prices will remain capped near $100 a barrel over the next year, as supply disruptions linked to the US-Iran war collide with expectations of slower demand growth and offsetting market adjustments, according to a report by Bloomberg.
A Bloomberg Intelligence survey of 126 asset managers and energy market participants shows a broad consensus forming around Brent crude averaging between $81 and $100 over the next 12 months. The findings...
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