Tag: Expectations
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A report reveals expectations for oil and mineral prices in 2023
There is no doubt that the recovery of the Chinese economy from the repercussions of the Corona epidemic will provide a strong impetus to global oil and mineral prices in 2023, after the turmoil left by the Russian invasion of Ukraine last year (2022). Research firm Wood Mackenzie believes – in a report issued Thursday,…
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A recent report reveals its expectations for oil prices after the collapse of Silicon Valley
The US banking crisis cast a shadow over oil prices, following the collapse of the Silicon Valley bank, during the past few days. And with the worsening situation and increasing fears of an economic recession, crude prices fell during trading today, Wednesday, March 15 (at 07:00 pm Mecca time), by about 6%, and the price…
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Expectations that the price of a barrel of oil will return to $100 in 2023
Read in this article OPEC+ and OPEC do not publish oil price forecasts and do not have a price target Officials and ministers from OPEC and OPEC+ are often reluctant to formally discuss price direction Oil may rebound to around $100 in the second half of the year The OPEC+ alliance is likely to maintain…
