HOUSTON, Nov 13 (Reuters) - West Texas Intermediate crude oil is set to price at $60-80 per barrel in the near-future, Devon Energy CEO Richard Muncrief told attendees at an energy conference hosted by the Federal Reserve Banks of Dallas and Kansas City on Wednesday.
Crude demand is set for modest growth in 2025 compared with 2024, Muncrief added.
(Reporting by Georgina McCartney in Houston)
((Georgina.McCartney@thomsonreuters.com;))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments