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OPEC+ Meeting Delayed as Uncertainty Surrounds Oil Prices in Asia /
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2024-07-04 11:06:00

OPEC+ Meeting Delayed as Uncertainty Surrounds Oil Prices in Asia on Nostr: Standard Chartered predicts sustainable oil rally beyond $90 per barrel ...

Standard Chartered predicts sustainable oil rally beyond $90 per barrel
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#80409bb8 ver:0.93

Standard Chartered predicts sustainable oil rally beyond $90 per barrel as oil prices rise on stronger Chinese manufacturing data and easing U.S. inflation. Traders monitor U.S. inventory data and hurricane impact on oil production and consumption. Weak U.S. economic data raises concerns about lower demand, but potential rate cuts by the Federal Reserve may boost oil demand. Standard Chartered's SCORPIO model predicts a near-term increase in oil prices....

#newstr #Oil #EnergySector #OilPrices #StandardChartered

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