19 August 2017
Our Community

J.P. Morgan slashes its 2016 crude forecast to $31.50

In a report published on Monday, the bank's commodity research team led by David Martin, dramatically slashed its outlook for both crude CLG6, +1.05%  and Brent LCOH6, +2.66%, saying the oversupply in the market will keep prices from bouncing back until late this year, according to MarketWatch. 

Please Subscribe For Full Access

Read also

Do you like the new site?
Leave your opinion