The Future of Oil Prices

Belgium (Brussels Morning Newspaper) Brent crude prices are hovering around the 85 USD mark. China’s economic woes combined to keep prices in check despite the recent OPEC+ production cuts. A stabilizing USD, soaring interest rates, tightening bank credits, and sluggish manufacturing and trade should conspire to moderate price increases throughout 2024 despite drawdowns in global stocks. Yet, the price of oil is no longer an essential…

https://worldnewslivetv.com/europe/the-future-of-oil-prices/