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StanChart Cuts 2025 Oil Price Forecast By $16/bbl Amid Trump’s Tariffs

Summary by Oil Price
StanChart has turned bearish on oil, slashing its 2025 forecast by $16 to $61/bbl amid recession fears.

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StanChart Cuts 2025 Oil Price Forecast By $16/bbl Amid Trump’s Tariffs

StanChart has turned bearish on oil, slashing its 2025 forecast by $16 to $61/bbl amid recession fears.

·London, United Kingdom
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Rain of cuts in forecasts

Insecurity is what makes the economy feel the worst and is what Trump is getting with his tariff policy. The continuous changes of opinion, although he assures that it is because he is negotiating, is beginning to make a dent in the growth forecasts of the world economy and Spain was going to be no less. [...]

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Oil Price broke the news in London, United Kingdom on Sunday, May 4, 2025.
Sources are mostly out of (0)
Stories disproportionately reported by the Left or the Right

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