Oil and Gas News - JP Morgan hikes FY 2008 oil price forecasts, cuts outlook for gas … - Forbes

JP Morgan hikes FY 2008 oil price forecasts, cuts outlook for gas prices - Forbes. LONDON (Thomson Financial) - JP Morgan is raising its full-year 2008 oil price forecast on the back of a smaller-than-expected fall in demand, but is cutting its outlook for gas prices this year and next, the investment bank said in its latest Oil & Gas monthly report. Elsewhere in the report, JP Morgan said it is lowering its fourth quarter 2007 natural gas price forecast, as well as that for the first half and consequently the full year 2008. The copying, republication or redistribution of AFX News Content, including by framing or similar means, is expressly prohibited without the prior written consent of AFX News. The content on this site, including news, quotes, data and other information, is provided by AFX News and its third party content providers for your personal information only, and neither AFX News nor its third party content providers shall be liable for any errors, inaccuracies or delays in content, or for any actions taken in reliance thereon. Sitemap Help Contact Us Investment Newsletters Forbes Conferences Forbes Magazines Forbes Autos Ad Information Forbes. read more

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