J.P. Morgan Has No Oil Market View — SkimNews
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- J.P. Morgan researchers stated they have no baseline view on oil markets for the first time since the start of the Iran conflict, acknowledging they 'simply don't know how to model the endgame.'
Why it matters: This reversal from a major financial institution underscores a material shift: even top analysts are abandoning predictive models in oil markets, which historically guide trillion-dollar investment and policy decisions. The loss of analytical footing increases risk for energy traders, governments, and central banks relying on institutional forecasts.
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