Oil may ‘collapse’ below $50 a barrel in 2025 if this perfect storm hits the market
Oil prices look set to end the year lower as demand weakness, particularly from China, prevails — but 2025 may bring an even steeper loss, with the possibility of a drop below $50 a barrel if the market sees a “perfect storm” of factors, including sharp economic declines in China and Europe.
Oil prices look set to end the year lower as demand weakness, particularly from China, prevails — but 2025 may bring an even steeper loss, with the possibility of a drop below $50 a barrel if the market sees a “perfect storm” of factors, including sharp economic declines in China and Europe.
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