![Wall Street predicted a big surge for oil this year. But prices are now lower](https://cdn.newsserve.net/ONPglobe256.png)
Wall Street predicted a big surge for oil this year. But prices are now lower
A surprise decision by several OPEC+ producers to voluntarily cut output earlier this month had pushed analyst oil price forecasts near $100 per barrel, but stagnating prices now point to a deepening divide between macroeconomic sentiment and supply-demand fundamentals. Oil prices have once again…
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