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Ample supply to hold down oil prices as Middle East risks pale: Reuters poll

Ample supply to hold down oil prices as Middle East risks pale: Reuters poll
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Red seaDjibouti generalSaudi arabiaJohn paisieWilliam weatherburnSwati vermaJan harveyHarshit vermaFlorian grunbergerNoah browningGoldman sachsInternational energy agencyMiddle eastStratas advisorsAnjana anil

Ample supply to hold down oil prices as Middle East risks pale

The Middle East conflict is unlikely to move the needle much in oil markets this year with ample global supplies reining prices in around the current $80 a barrel level, a Reuters poll showed on. -February 29, 2024 at 09:38 am EST - MarketScreener

Red seaDjibouti generalSaudi arabiaWilliam weatherburnJohn paisieJan harveySwati vermaHarshit vermaFlorian grunbergerNoah browningInternational energy agencyGoldman sachsStratas advisorsAnjana anil

Baltic Index Climbs To 10-Week High On Rising Vessel Rates | Hellenic Shipping News Worldwide

Baltic Index Climbs To 10-Week High On Rising Vessel Rates | Hellenic Shipping News Worldwide
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Oil prices expected to remain tethered near $80 a barrel | Hellenic Shipping News Worldwide

Oil prices expected to remain tethered near $80 a barrel | Hellenic Shipping News Worldwide
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Red seaDjibouti generalSaudi arabiaSwati vermaHarshit vermaJohn paisieNoah browningJan harveyWilliam weatherburnFlorian grunbergerInternational energy agencyGoldman sachsMiddle eastStratas advisorsAnjana anil

Ample supply to hold down oil prices as Middle East risks pale: Reuters poll

The Middle East conflict is unlikely to move the needle much in oil markets this year with ample global supplies reining prices in around the current $80 a barrel level, a Reuters poll showed on Thursday. A survey of 40 economists and analysts forecast Brent crude would average $81.13 per barrel in 2024, slightly down from the $81.44 consensus in January. "Disruption in the Red Sea has less impact because there are alternative routes available," said John Paisie, president of Stratas Advisors, referring to attacks on shipping by Yemen's Houthis.

Saudi arabiaRed seaDjibouti generalSwati vermaJohn paisieNoah browningFlorian grunbergerHarshit vermaJan harveyWilliam weatherburnGoldman sachsInternational energy agencyMiddle eastStratas advisorsAnjana anil