Oil Prices Under Pressure But Sentiment Could Soon Shift
Oil prices continued to tumble this week as demand concerns and inventory build-ups added to bearish sentiment, but with an OPEC+ meeting at the end of the month and the potential of an escalation in the Gaza war things could change rapidly.Friday, November 10th, 2023Battered by inventory build-ups, weaker-than-expected Chinese economic data, and slackening physical demand coming from skyrocketing freight costs, oil prices have struggled this week and ICE Brent is set for a $5 per barrel week-on-week drop... Читать дальше...