2024-12-23 15:00
IndustriyaOil Rises on Inflation Data, Supply Risks Ahead
Oil prices climbed Monday, with Brent at $73.30 (+0.5%) and WTI at $69.85 (+0.6%), as lower-than-expected U.S. inflation data bolstered hopes for further policy easing. The U.S. Senate's end to a brief shutdown also lifted market sentiment.
However, concerns over a 2024 supply surplus, highlighted by Macquarie's forecast of Brent averaging $70.50/bbl, and peaking oil demand in China by 2027 weigh on the outlook. Resumed Druzhba pipeline flows eased European supply fears, while Trump’s push for EU energy imports adds geopolitical pressure.
#Oil #WTI #Brent #Inflation #EnergyMarkets #SupplyDemand #Geopolitics #CrudeOil
Katulad 0
Gamma Squeezer
Trader
Mainit na nilalaman
Pagsusuri ng merkado
Dogecoin cheers coinbase listing as Bitcoin’s range play continues
Pagsusuri ng merkado
Grayscale commits to converting GBTC into Bitcoin ETF:
Pagsusuri ng merkado
Bitcoin's price is not the only number going up
Pagsusuri ng merkado
Theta Price Prediction:
Pagsusuri ng merkado
How to Research Stocks:
Pagsusuri ng merkado
Bitcoin (BTC), Ethereum (ETH) Forecast:
Kategorya ng forum
Plataporma
Eksibisyon
Ahente
pangangalap
EA
Industriya
Merkado
talatuntunan
Oil Rises on Inflation Data, Supply Risks Ahead
| 2024-12-23 15:00Oil prices climbed Monday, with Brent at $73.30 (+0.5%) and WTI at $69.85 (+0.6%), as lower-than-expected U.S. inflation data bolstered hopes for further policy easing. The U.S. Senate's end to a brief shutdown also lifted market sentiment.
However, concerns over a 2024 supply surplus, highlighted by Macquarie's forecast of Brent averaging $70.50/bbl, and peaking oil demand in China by 2027 weigh on the outlook. Resumed Druzhba pipeline flows eased European supply fears, while Trump’s push for EU energy imports adds geopolitical pressure.
#Oil #WTI #Brent #Inflation #EnergyMarkets #SupplyDemand #Geopolitics #CrudeOil
Katulad 0
Gusto kong magkomento din
Ipasa
0Mga komento
Wala pang komento. Gawin ang una.
Ipasa
Wala pang komento. Gawin ang una.