UBS cuts Brent 2025 forecast, still sees upside ahead
November 15, 2024
(Investing) – Crude prices have traded lower Friday, on course for a negative week, as demand concerns and a stronger US dollar weighed on investor sentiment. But UBS cuts its 2025 Brent forecast, but sees room to recover from current levels. By 07:20 ET (11:20 GMT), the U.S. crude futures (WTI) dropped 1% to $68.03 a barrel, while the Brent contract fell 0.9% to
