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