Fundamentals Point To Flat Oil Prices in 2024
Analysts don’t see a significant increase in oil prices based on supply/demand fundamentals in 2024, stating that crude markets see a small surplus in Q1
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Analysts don’t see a significant increase in oil prices based on supply/demand fundamentals in 2024, stating that crude markets see a small surplus in Q1
Cartel’s output is still undershooting the targeted amount by almost 600,000 bpd
In the previous session the market was spooked by data showing US output remains near record highs even though crude inventories declined.
GLOBAL-Oil prices fall on China concerns, scepticism on OPEC+ cuts
Oil prices steady as investors weigh OPEC+ cuts against worsening demand outlook in China; Brent crude futures fell to $77.15 a barrel, while US WTI c