Oil could hit $150 a barrel with OPEC+ ‘in the driver’s seat’: J.P. Morgan

Oil could hit $150 a barrel with OPEC+ ‘in the driver’s seat’: J.P. Morgan
·3 min read

Oil futures can shake off the omicron-inspired selloff and “overshoot” to the upside, potentially “overshooting” to $150 a barrel in 2023 with OPEC+ “firmly in the driver's seat,” say analysts at J.P. Morgan.

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