Overall, crude oil and refined products have traded sideways for the month of October.
Economists at Rabobank analyze Brent’s outlook.
Brent will touch, but not average, $100 at some point in Q4 2023 or Q1 2024 Should gasoline demand continue to weaken, it would be a signal that the economic outlook has also worsened, sparking a financial sell-off of Brent and WTI of $10-12/bbl. However, this will be mitigated by the long-term physical outlook and ongoing geopolitical issues. If macro concerns continue to weigh on prices, we could see the low $80s for Brent.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Unemployment among Hispanic workers rises at faster pace in October than overall rateThe labor market showed deterioration for Hispanic workers, whose unemployment rate rose more than average in October.
Lire la suite »
Unemployment among Hispanic workers rises at faster pace in October than overall rateThe labor market showed deterioration for Hispanic workers, whose unemployment rate rose more than average in October.
Lire la suite »
One Unlikely '80s Buddy Comedy Just Saved Ms. Marvel's LifeIn Ms. Marvel: The New Mutant 3, Kamala Khan's life was saved thanks to inspiration from an unexpected '80s buddy comedy, of all places.
Lire la suite »
EXCLUSIVE — Brent Bozell Confronts NBC Moderators over Potential Bias Ahead of GOP DebateSource of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.
Lire la suite »
More students attending Utah technical colleges, boosting overall higher ed countUtah technical colleges saw an almost 5% increase in overall student enrollment, the Utah System of Higher Education announced this week. Most gains came from adult enrollment, while high school dual enrollment saw a slight dip.
Lire la suite »
Apple’s Q3 iPhone shipments dropped 11%, but the overall market was down 19%Counterpoint Research shows Apple shipped 11% fewer iPhones in the US in Q3 2023 compared to the same period last year.
Lire la suite »