Wood Mackenzie Sees Brent at $73 A Barrel in 2025 -- Market Talk

Dow Jones

Feb 24, 2025

1032 ET - Wood Mackenzie expects international benchmark Brent crude to average $73 a barrel in 2025--falling from $77 a barrel in 1Q to $70 a barrel in4Q--as the market navigates "geopolitical and economic factors, including potential peace talks between Russia and the U.S. regarding the Ukraine conflict, ongoing tariffs, and sanctions against Iran." The firm sees global oil demand rising by 1.2 million barrels a day, led by Asia Pacific. Non-OPEC production is forecast to rise by 1.5 million b/d, creating "challenges for OPEC+ in managing market balance." The outlook assumes OPEC+ will go ahead with its plan to gradually return 2.2 million b/d of output cuts between April of this year and September 2026. (anthony.harrup@wsj.com)

(END) Dow Jones Newswires

February 24, 2025 10:32 ET (15:32 GMT)

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Non-OPEC production is forecast to rise by 1.5 million b/d, creating \"challenges for OPEC+ in managing market balance.\" The outlook assumes OPEC+ will go ahead with its plan to gradually return 2.2 million b/d of output cuts between April of this year and September 2026. (anthony.harrup@wsj.com) \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 24, 2025 10:32 ET (15:32 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Wood Mackenzie Sees Brent at $73 A Barrel in 2025 -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWood Mackenzie Sees Brent at $73 A Barrel in 2025 -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-02-24 23:32</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1032 ET - Wood Mackenzie expects international benchmark Brent crude to average $73 a barrel in 2025--falling from $77 a barrel in 1Q to $70 a barrel in4Q--as the market navigates \"geopolitical and economic factors, including potential peace talks between Russia and the U.S. regarding the Ukraine conflict, ongoing tariffs, and sanctions against Iran.\" The firm sees global oil demand rising by 1.2 million barrels a day, led by Asia Pacific. Non-OPEC production is forecast to rise by 1.5 million b/d, creating \"challenges for OPEC+ in managing market balance.\" The outlook assumes OPEC+ will go ahead with its plan to gradually return 2.2 million b/d of output cuts between April of this year and September 2026. (anthony.harrup@wsj.com) \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 24, 2025 10:32 ET (15:32 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"FT_SY_BZ","symbol_name":"布油现金","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2513095778","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2513095778","pubTimestamp":1740411120,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1032 ET - Wood Mackenzie expects international benchmark Brent crude to average $73 a barrel in 2025--falling from $77 a barrel in 1Q to $70 a barrel in4Q--as the market navigates \"geopolitical and economic factors, including potential peace talks between Russia and the U.S. regarding the Ukraine conflict, ongoing tariffs, and sanctions against Iran.\" The firm sees global oil demand rising by 1.2 million barrels a day, led by Asia Pacific. Non-OPEC production is forecast to rise by 1.5 million b/d, creating \"challenges for OPEC+ in managing market balance.\" The outlook assumes OPEC+ will go ahead with its plan to gradually return 2.2 million b/d of output cuts between April of this year and September 2026. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"DWT":"三倍做空原油ETN","BK4588":"碎股","BK4585":"ETF&股票定投概念","DUG":"二倍做空石油与天然气ETF(ProShares)","SCO":"二倍做空彭博原油指数ETF","USO":"美国原油ETF","DDG":"ProShares做空石油与天然气ETF","UCO":"二倍做多彭博原油ETF","BK4570":"地缘局势概念股"},"translate_title":"Wood Mackenzie预计2025年布伦特原油价格为每桶73美元——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"UCO":0.6,"DUG":0.6,"QMmain":0.6,"BZmain":0.6,"USO":0.6,"CLmain":0.9,"DDG":0.6,"DWT":0.6,"SCO":0.6},"content_text":"1032 ET - Wood Mackenzie expects international benchmark Brent crude to average $73 a barrel in 2025--falling from $77 a barrel in 1Q to $70 a barrel in4Q--as the market navigates \"geopolitical and economic factors, including potential peace talks between Russia and the U.S. regarding the Ukraine conflict, ongoing tariffs, and sanctions against Iran.\" The firm sees global oil demand rising by 1.2 million barrels a day, led by Asia Pacific. Non-OPEC production is forecast to rise by 1.5 million b/d, creating \"challenges for OPEC+ in managing market balance.\" The outlook assumes OPEC+ will go ahead with its plan to gradually return 2.2 million b/d of output cuts between April of this year and September 2026. (anthony.harrup@wsj.com) \n\n\n  (END) Dow Jones Newswires\n\n\n  February 24, 2025 10:32 ET (15:32 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}