Oil prices could plummet to $40 a barrel in 2025 if OPEC+ reverses its production cuts, analysts warn, citing fears of a price war over market share. Current prices are around $72 for Brent and $68 for WTI, with a potential market surplus doubling if cuts are unwound. The outlook remains bearish, influenced by sluggish demand recovery and external supply increases, with predictions of Brent averaging $60 next year.
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