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Global macro funds see the 2025 oil price forecast as a pivot point for currency correlations — with CAD and NOK often trading higher alongside bullish crude projections. In sharp contrast, commodity analysts at Standard Chartered have predicted that oil prices will move higher in the coming year driven by robust demand and a raft of economic stimulus measures. WTI and Brent crude oil's average annual spot prices 1990-2024 A bearish scenario in the 2025 oil price forecast would involve Brent falling below $75, triggered by a slowdown in global manufacturing PMI. Energy sector P/E ratios would likely compress under such pricing pressure.
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