Oil Averaging $65 in '25 to Keep OPEC+ Under Pressure, BofA Says
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The A.I. bias rating includes policy and politician portrayal leanings based on the author’s tone found in the article using machine learning. Bias scores are on a scale of -100% to 100% with higher negative scores being more liberal and higher positive scores being more conservative, and 0% being neutral.
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50% : International benchmark Brent crude will average $65 a barrel this year as new oil production from non-OPEC countries outstrips the growth in global crude consumption, according to Bank of America Corp.As a result, the Organization of Petroleum Exporting Countries and its allies will struggle to boost oil prices and have to maintain output reductions longer than the cartel has forecast, the bank's researchers said.*Our bias meter rating uses data science including sentiment analysis, machine learning and our proprietary algorithm for determining biases in news articles. Bias scores are on a scale of -100% to 100% with higher negative scores being more liberal and higher positive scores being more conservative, and 0% being neutral. The rating is an independent analysis and is not affiliated nor sponsored by the news source or any other organization.