Reply To: Around The Barrel – Crude Oil and Gasoline Traders Outlook for The Week Ahead

#56980
TradersCom
Keymaster

JP Morgan, forecasts Brent to $94 a barrel in Q4

JPMorgan expect recession at the end of 2023, or in 2024

“The main takeaway for now: if the Fed pauses its rate-hiking campaign soon, the most likely scenario is that oil performs well
if the US sees only a mild recession or lands softly, a new bull market may have already started forming”