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JPMorgan Analysts Predict Significant Rise in Oil Prices
JPMorgan analysts have presented an argument, based on 'simple math,' suggesting that oil prices are poised for a substantial increase. They contend that current market dynamics indicate a need for prices to climb considerably higher.
24 Apr, 09:57 — 24 Apr, 16:16
The Story
Analyzing sources…
Source Diversity
Source Diversity
Moderate (27/100)2 sources— more sources would strengthen this score15/33
Spectrum spread— 2/5 buckets covered8/33
Far L
Left1
Left (1)
cnbc
Center1
Center (1)
marketwatch
Right
Far R
Geographic diversity— 1 region4/34
US2
ℹAll sources from US region
ℹOnly 2 sources cover this story
Sources
Showing 2 of 2 sources
cnbcMostly Factual14d ago
‘Simple math’: JPMorgan analyst makes the case for why oil prices should push even higher
Oil inventories and demand destruction have not balanced the supply disruption from the Iran war, JPMorgan said. Prices need to rise to close the deficit.
Read full article →marketwatchMostly Factual14d ago
The ‘simple math’ why oil prices need to rise a lot more, according to JPMorgan
JPMorgan says oil prices are not reflecting reality, and demand destruction and higher U.S. pump prices are inevitable.
By Barbara Kollmeyer
Read full article →Coverage Timeline
First report: marketwatch · 24 Apr, 09:57|Full coverage: 2 · 6h|Window: 6h
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