JPMorgan predicts $380 oil on worst-case Russian output cuts

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JPMorgan predicts $380 oil on worst-case Russian output cuts

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https://www.msn.com/en-ae/money/news/jp ... ar-AAZ6ug9

Global oil prices could reach a “stratospheric” $380 a barrel if US and European penalties prompt Russia to inflict retaliatory crude output cuts, JPMorgan Chase analysts warned.

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