Pre. Settlement | N/A |
Settlement date | 2024-10-22 |
Open | 78.19 |
Bid | 78.74 |
Last price | 78.87 |
Day's range | 78.19 - 78.63 |
Volume | |
Ask | 79.63 |
JPMorgan economists said late last week that if supply cuts continue, the price of Brent crude could jump to as high as $120 per barrel. But they expect crude prices will drop back to $86 per barrel next quarter.
Some economists are shrugging off higher oil prices. But there are circumstances investors should know about that could hit the overall economy.
A look at how the major markets are performing on Wednesday.