Brent oil price to fall to US$65-US$75 per barrel in 2025, CNPC affiliate says

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Brent will range between $60-$70 per barrel from 2026 to 2030 under a base scenario, it said.

SINGAPORE/BEIJING- Brent oil price will fall to a range of $65-$75 per barrel this year, down from the 2024 average of $79 per barrel amid a global economic slowdown, a think tank affliated with state energy company China National Petroleum Corp (CNPC) said on Tuesday.

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Category: EconomyBusiness

Markets: MalaysiaChinaSingapore

Topics: /Business/Business News CNPC Energy Brent

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-01 @ 16:06:00 (1 days ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 76 words

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