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Barclays, a British multinational investment bank and financial services firm, said in a new study that oil prices will continue to trend
upwards but less volatile through 2025.
Prices will gradually increase
over the forecast period due to slower oil supply growth and strong demand growth.
Studies have shown that, based on recent sanctions policies, it is clear that while there is no shortage of resources, they are increasingly unavailable
.
However, oil price increases should be less volatile for other reasons, such as fewer subsidies and increased US tight oil making demand and supply more resilient
.
Barclays, a British multinational investment bank and financial services firm, said in a new study that oil prices will continue to trend
upwards but less volatile through 2025.
Prices will gradually increase
over the forecast period due to slower oil supply growth and strong demand growth.
Studies have shown that, based on recent sanctions policies, it is clear that while there is no shortage of resources, they are increasingly unavailable
.
However, oil price increases should be less volatile for other reasons, such as fewer subsidies and increased US tight oil making demand and supply more resilient
.
