Oil prices could rise to $120 a barrel on further supply cuts, and that would bring economic growth to a halt next quarter, JPMorgan says

That's assuming oil supply will face even more pressure in the coming months. • Prices that high could bring global economic growth to a near standstill. Oil prices could soar back into the triple-digits if crude supply faces more pressure – and that could bring global economic growth to a near…#jpmorgan

Source: Reuters: Health - September 21, 2023 Category: Consumer Health News Source Type: news