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المشهد العربي
VIX hikes oil price forecasts
Fitch expects oil prices to rise in 2027 to an average of $70 per barrel, with ongoing geopolitical risks and the impact of conflicts in the Middle East continuing to influence the markets, despite current stability in the crude oil price around $87. The forecast reflects an increase in oil prices due to risk premiums stemming from regional tensions, while the agency anticipates that ongoing conflicts will lead to an oversupply in the global oil market by the end of 2027, even if a peace agreement is reached.
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