COMMERZBANK CUTS 2025 BRENT PRICE FORECAST

COMMERZBANK CUTS 2025 BRENT PRICE FORECAST
COMMERZBANK CUTS 2025 BRENT PRICE FORECAST

Commerzbank Prediction: Commerzbank lowered its price forecast for Brent crude oil in 2025.

OPEC Decision: OPEC and its allies decided to slowly increase oil production.

Reason for Increase: They are reducing efforts to limit supply and keep prices high.

Market Condition: OPEC says the oil market is "healthy," but prices have dropped.

Impact: Oil prices are now at levels that were once acceptable for oil-producing countries.