Oil may plummet below $50 a barrel in 2025 if this perfect storm hits the market
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 19 2024
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Should l Buy ?
Source: MarketWatch
Oil Price Outlook: Oil prices are expected to decline by the end of the year due to weak demand, especially from China, with potential for prices to drop below $50 a barrel in 2025 if economic conditions worsen.
Market Risks: Analysts suggest there is a greater risk of a price collapse rather than a spike, influenced by proposed U.S. tariffs and competitive pressures from Canadian and Mexican oil exports.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
