Oil prices to stay in $70-$80 range
This is a Vitol news story, published by Yahoo Finance, that relates primarily to Russell Hardy news.
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World oil pricesReuters
•Vitol CEO sees $70-$80/bbl oil prices in 2025, flags supply uncertainty
81% Informative
Global oil prices are expected to stay in the $70 to $80 per barrel range in 2025 , says Vitol CEO Russell Hardy .
Oil prices have been capped by concerns about an unwinding of OPEC+ supply cuts in 2025 .
China faces squeeze on supplies of cheap Iranian crude, which make up about 13% of imports by the world's biggest importer.
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