bearish
Balanced Fundamentals To Soften Crude Oil Prices
257 Views09 May 2024 22:49
US crude oil inventory decreased, EIA predicts higher global liquid fuels production, and OPEC's spare capacity to remain around 4 million bpd through 2025.
What is covered in the Full Insight:
- Key Takeaways
- Decline in Oil Prices
- Global Consumption and Production
- Revised Oil Price Projections
- US Inventories and Conclusion
SUMMARY
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