Geopolitical tensions fuel Brent’s positive start to 2024
Brent is set to be kept rangebound between $70 and the low-$80s. Although rising geopolitical tensions are feeding into supply-side fears, which have helped support oil prices, its near-term gains are set to remain limited by the darkening global demand outlook.
Brent is set to be kept rangebound between $70 and the low-$80s. Although rising geopolitical tensions are feeding into supply-side fears, which have ...
Brent
Oil
US crude inventories
geopolitical risks
Middle East
Unchanged US interest rates, along with a continuous turbulence in the middle east have swayed investors towards safe havens such as Gold. ...
XAUUSD
Gold
geopolitical risks
Federal Reserve
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