Bullish Sentiment Has Taken Hold of Oil Markets
Oil prices surged above $90 last week due to a combination of strong investment flows, bullish fundamentals, and expectations of higher demand in the second half of the year.
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Oil prices surged above $90 last week due to a combination of strong investment flows, bullish fundamentals, and expectations of higher demand in the second half of the year.
The 11th Energy Markets Forum in Fujairah from October 10 to 11 provided an opportunity for banks, oil and gas producers, traders, storage providers and analysts to gain insights into long-term trends on the energy markets.
OPEC will have a pavilion at COP28.
Doubts remain over whether OPEC and its allies can reach a consensus agreement on production levels this weekend, but at least one analyst said Friday it's unwise to place any bets.
Doubts remain over whether OPEC and its allies can reach a consensus agreement on production levels this weekend, but at least one analyst said Friday it's unwise to place any bets.