Today at 8:28 AM | Oil

Oil prices to extend decline this year on weakening demand — BCA Research

Oil prices to extend decline this year on weakening demand — BCA Research

BCA Research forecasts further decline in oil prices this year, driven primarily by weakening global demand for crude. As reported by Investing.com, Brent oil lost over 6% of its value in the first half of the year.

According to BCA Research’s latest analysis, oil market trends over the next six months will hinge on key fundamental factors.

Meanwhile, OPEC members appear increasingly focused on geopolitical developments and market share considerations, rather than maintaining a strict price floor, when making production decisions.

BCA Research analysts recommend investors take short positions on Brent crude below the level of $75 per barrel.

Elena Dorokhina MarketCheese
Period: 16.07.2025 Expectation: 900 pips
NVIDIA shares rise amid global AI infrastructure investments
Today at 10:19 AM 4
Period: 15.07.2025 Expectation: 800 pips
Breaking downtrend could push USDCAD to 1.375
Today at 08:16 AM 16
Period: 14.07.2025 Expectation: 1600 pips
Upcoming “Crypto Week” to boost bitcoin prices
Yesterday at 11:26 AM 54
Period: 15.07.2025 Expectation: 400 pips
Selling AUDUSD targeting 0.65000 amid limited growth and technical weakness
Yesterday at 10:15 AM 36
Period: 31.07.2025 Expectation: 2000 pips
Selling SPX targeting 6,050
Yesterday at 08:54 AM 18
Period: 14.07.2025 Expectation: 945 pips
Delayed tariff implementation may push silver to $35.650
07 July 2025 56
Go to forecasts