Wealth Tracker: Will oil prices likely be lower in 2025?

Crude oil prices have remained lackluster and out of the spotlight since September 2024, as the market has been range-bound between $65 and $80 per barrel. Some experts say oil prices are likely to be lower in 2025 than last year, with Brent crude oil prices averaging $73 per barrel in 2025. That’s down $7 per barrel per barrel from 2024.Could this be a likely scenario? Could oil prices be lower in 2025, than it was in 2024?On Wealth Tracker, Hongbin Jeong speaks to Mukesh Sahdev, Global Head of Commodity Markets - Oil, Rystad Energy, to find out more.See omnystudio.com/listener for privacy information.