Why oil demand may outpace supply, despite best efforts from OPEC+
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 01 2025
0mins
Source: MarketWatch
Market Outlook: Bearish oil traders anticipate an oversupply of crude oil, but a portfolio manager suggests that natural declines in production from aging wells may counteract this expectation by tightening global inventories.
Production Trends: Despite major oil producers increasing output for the fifth consecutive month, the natural decline in oil well production could complicate efforts to oversupply the market.
Analyst Views on MDST
Wall Street analysts forecast MDST stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for MDST is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Analyst Rating
0 Buy
0 Hold
0 Sell
Current: 26.750
Low
Averages
High
Current: 26.750
Low
Averages
High
No data
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
