'We simply don't know' - JP Morgan struggling to forecast oil prices due to US-Iran war

As reported by BBC News

The bank said it "assumed" there would be economic red lines, like oil at $100 a barrel, that the US would be unwilling the cross.

▸ MARKET SAMACHAR VIEW

NEUTRAL

Read full article on BBC News ↗

Market Samachar is a news aggregator. This article was originally published by BBC News. Tap the button above to read the full story on their site.

INDIAN Four MF categories account for nearly half of SIP inflows in August Share Market Today
INDIAN Tata group market capitalisation tumbles ₹39,000 crore amid turmoil Share Market Today
INDIAN Margin trading at record ₹1.49 trn, cushions brokers amid volume dip Share Market Today
INDIAN Investors Pull $1.8 Billion From Muni Market as Return Slump Extends mint - markets
INDIAN Gold rises to one-week high, heads for weekly gain on easing oil prices mint - markets
INDIAN IPO Tracker: 19 stocks debut this week, raise ₹7,550 crore despite market volatility mint - markets
INDIAN Nifty posts sixth straight weekly loss: Why is Indian stock market under pressure? Explained mint - markets
INDIAN Netflix sell-off deepens as stock drops another 7% to hit two-month low. What is spooking investors? mint - markets

'We simply don't know' - JP Morgan struggling to forecast oil prices due to US-Iran war

More from Market Samachar