Oil Markets Form $100 Per Barrel Ceiling Consensus Amid U.S.-Iran Tensions, Bloomberg Survey Finds

GateNews
According to Bloomberg Industry Research, a May survey of 126 market participants including asset managers and energy professionals concluded that crude oil prices are likely to peak near $100 per barrel over the next year. The consensus reflects a view that supply losses from U.S.-Iran tensions will be balanced primarily by slowing demand.
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