JP Morgan Is sticking to its foundation-scenario oil rate forecast for 2025, projecting Brent crude will trade in the minimal-to-mid $60s, Inspite of a pointy escalation in geopolitical tensions involving Iran,… Yes, WTI and Brent oil futures are generally utilized for hedging functions by participants during the oil business. Oil https://maps.app.goo.gl/P1bpUsmeUaLR4VbG6