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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 Sea , Djibouti General , Saudi Arabia , William Weatherburn , John Paisie , Jan Harvey , Swati Verma , Harshit Verma , Florian Grunberger , Noah Browning , International Energy Agency , Goldman Sachs , Stratas Advisors , Anjana Anil ,

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
hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.

Red Sea , Djibouti General , Saudi Arabia , Swati Verma , Harshit Verma , John Paisie , Noah Browning , Jan Harvey , William Weatherburn , Florian Grunberger , International Energy Agency , Goldman Sachs , Middle East , Stratas Advisors , Anjana 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 Arabia , Red Sea , Djibouti General , Swati Verma , John Paisie , Noah Browning , Florian Grunberger , Harshit Verma , Jan Harvey , William Weatherburn , Goldman Sachs , International Energy Agency , Middle East , Stratas Advisors , Anjana Anil ,

Gold hurt by dollar rebound; traders eye key data for Fed rate cut timing

Markets await U.S. GDP data due at 1330 GMT

PCE inflation data due Thursday

Several Fed officials due to speak this week
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-February 28, 2024 at 06:07 am EST
- MarketScreener ....

John Meyer , Swati Verma , Sherin Elizabeth Varghese , Federal Reserve , Citi Research , Several Fed , Governor Michelle Bowman ,

Goldman Sachs lifts its Brent summer peak forecast to $87 a barrel | Hellenic Shipping News Worldwide

Goldman Sachs lifts its Brent summer peak forecast to $87 a barrel | Hellenic Shipping News Worldwide
hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.

Saudi Arabia , United States , Red Sea , Djibouti General , Swati Verma , Janane Venkatraman , Goldman Sachs , Middle East , Texas Intermediate ,