JP Morgan predicts $380 oil on worst-case Russian output cuts

The National (via MSN), Released on 7/2/22

Global oil prices could reach a "stratospheric" $380 a barrel if US and European penalties prompt Russia to inflict retaliatory crude output cuts, JPMorgan Chase analysts warned.

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JP Morgan predicts $380 oil on worst-case Russian output cuts added by Herman James on 07/02/2022View all posts by Herman James ?+'