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BTCC / BTCC Square / Global Cryptocurrency /
Peter Brandt Warns of Crude Oil Price Drop to $46 Amid Supply Shock

Peter Brandt Warns of Crude Oil Price Drop to $46 Amid Supply Shock

Author:
Global Cryptocurrency
Published:
2025-04-23 17:53:01
14
2
Veteran trader Peter Brandt has issued a bearish prediction for crude oil prices, warning that they could plummet to $46 per barrel due to an unfolding supply shock. This analysis has caused concern among energy investors and prompted many analysts to update their forecasts. The supply shock is disrupting markets despite recent price increases, and investors should be aware of the potential implications for the energy sector.

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