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JP Morgan: Oil's Volatile Journey From $145.29 Peak to $71.48

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According to current JP Morgan oil Analysis prices have experienced a drastic decline from their 2008 value of $145.29 to $71.48 during March 2025 featuring high oil price fluctuations. The market fundamentals now show major changes due to US shale production because of the revolution in supply and demand patterns as analyzed by JP Morgan recently. Also Read: FBI Reports $9.3 Billion in Crypto Scams, Elderly Americans Suffer the Most Oil Price Volatility, Supply Shocks, And JP Morgan’s 2025 Outlook Source: Watcher Guru Historic Price Swings Reshape Market Expectations The JP Morgan oil Analysis shows extreme price fluctuations moving from $145.29 in 2008 to $11.57 in April 2020. Supply fundamental changes instead of demand fluctuations appear to determine the long-term oil price volatility patterns. The worldwide rise in oil production measured by JP Morgan increased by approximately 3.9% between 2019-2025 yet worldwide consumption rose only 3.5% or less. Source: JP Morgan US Sh...

Does JP Morgan CEO Jamie Dimon Believe In Bitcoin & Blockchain Tech?

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JP Morgan CEO, Jamie Dimon is regularly vocal on the topic of digital assets and Bitcoin. Dimon regularly partakes in interviews discussing blockchain and the overall cryptocurrency markets as a whole. So does Dimon support Bitcoin and blockchain technology in general? Let’s find out! Also Read: Ripple: XRP Eyes $0.40 After Receiving $900 Million in Inflows JP Morgan CEO Is A Blockchain Bull, Bitcoin Bear Jamie Dimon remains to be a blockchain technology bull and a Bitcoin bear. Dimon agreed in a recent interview with CNBC’s Swank Box, that blockchain technology is indeed a boon and not a bane. He revealed that JP Morgan uses blockchain tech to move information and money across the globe. While JP Morgan utilizes blockchain, its CEO is an avid skeptic of Bitcoin. When asked by the CNBC host early this year about blockchain, Dimon spoke in length about its use cases. When pressed about Bitcoin in the same interview, Dimon said, “I don’t care about Bitcoin, so we shou...