Wall Street Banks See Oil in the Low $70s. Rising supply and potentially weaker-than-expected demand are set to keep oil prices in check this year, with the price likely to average in the low $70s ...

the current developments in supply and demand could push oil prices consistently lower, to between $60 and $80 per barrel. Despite the bearish outlook, demand has repeatedly surprised on the ...

In addition to the energy sector, the non-oil trade grew eight hundred times by 2024 between the UAE and China. Supply chain diversification ... in turn provides a clear focus on key drivers of ...

These applications are presented as a supply chain parallel to ... that the waste vegetable oil recycling industry is currently based on simple decantation and filtration processes, without adequate ...

0924 GMT – Goldman Sachs cut its oil-price forecasts for this year and next on expectations of slower demand growth and higher OPEC+ supply. “Brent oil prices have fallen from above $80/bbl in ...

How wrong the market was. Instead, the group announced it would increase the oil supply by 411k b/d in May. The group attributed the increase to healthy market fundamentals and a “positive ...

supply chain disruptions, and a dampening demand due to a global economic slowdown. Brent crude prices have recently hit a 6-month low as US crude oil stockpiles posted a larger-than-expected build, ...

While the European Union has introduced rules that target ships’ emissions, the global marine fuel market is still dominated by oil. LNG only accounted for about 6% of consumption in 2023, according ...

(Bloomberg) -- Oil slipped as broader market weakness and concerns about a global glut of crude overshadowed escalating tensions in the Middle East. West Texas Intermediate fell 1% to settle below ...