2024: Crude oil prices may hover around $80/b – Global analysts

December 31, 2023 Admin III 0

Key global analysts have predicted that international oil prices would likely stay near $80 a barrel in 2024. Analysts also predicted that weak global growth would cap demand, while geopolitical tensions could provide support. They questioned whether the Organization of the Petroleum Exporting Countries and allies (OPEC+) would be able to sustain supply cuts to support the market. The global Read More