- This topic has 3 replies, 4 voices, and was last updated 3 weeks, 1 day ago by
.
- Posts
Information about forex & all other types of trading See full time post At Trader community
Barclays lowers Brent 2023 price forecast to $84 from $87 but raises 2024 forecast to $97 from $89
-Expects deficits of 670kbpd in 23, 250kbpd in 24
“A tussle between key producers and consumers is visible in the G-7 efforts to cap Russian export prices and OPEC+ announcing significant voluntary adjustments to output”
“Slowing non-OPEC+ supply growth, driven primarily by the US, and persistent underproduction from several OPEC+ producers due to structural constraints bolsters our core thesis behind a constructive view on oil prices”
OPEC August output rose 220k bpd led by Iran –
Reuters’ ‘secondary sources’ oil survey
#Iran’s output hit the highest since 2018 at 3.1 mbpd, erasing nearly half of the Saudi Arabia cut.Oil prices rose on Friday for the seventh straight day breaking out to the highest levels of the year. WTI futures have rose 7.5% this week, the bigge
[See the full post at: Around The Barrel – Crude Oil and Gasoline Traders Outlook for the Week Ahead]
- You must be logged in to reply to this topic.