Macquarie, JP Morgan Analysts Examine Upcoming OPEC Meeting
Macquarie and J.P. Morgan take a look at the upcoming OPEC+ meeting on June 1.
Source: rigzone.com
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Macquarie and J.P. Morgan take a look at the upcoming OPEC+ meeting on June 1.
J.P. Morgan analysts reveal what they expect to happen.
Oil markets are increasingly gazing towards the OPEC+ meeting in June, SEB's Chief Commodities Analyst said.
Macquarie strategists said they 'expect oil to turn bearish as the year progresses'.
The U.S. Energy Information Administration increased its average Brent spot price forecast for 2024 and 2025 in its latest short term energy outlook.