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Oil price prediction: Gordon Johnson predicts crude could fall to $59.99 per barrel

Oil price prediction: Gordon Johnson predicts crude could fall to $59.99 per barrel
Oil may slide to $59.99 per barrel

Gordon Johnson, CEO / Analyst at GLJ Research, forecasts that oil prices may decline to $59.99 per barrel.

This projection was shared in a recent post, tagging U.S. government official Scott Bessent.

Johnson previously observed that no oil tankers crossed the strait over the weekend, while oil prices held steady as U.S. markets opened, according to a recent article. He has also questioned Tesla's progress on its robotaxi fleet, noting just 31 active vehicles in a separate report. These developments come as Johnson continues to track key movements in both the energy and technology sectors.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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