Goldman Sachs: The expected average price of Brent crude oil product in 2024 is $80 per barrel.
Goldman Sachs stated that despite supply shortages and geopolitical uncertainties in 2024, the average price of Brent crude oil this year is expected to be around $80 per barrel.
WTI Drifts Lower to Near $68.50 on Possible Middle East Ceasefire Deal
Trump Prepares Broad Energy Plan to Boost Gas Exports, Oil Drilling on Day 1 - Report
Middle East tensions are easing! Israel and Hezbollah are reportedly close to reaching a ceasefire agreement.
① The Israeli national security cabinet will meet on Wednesday to approve the ceasefire agreement with Hezbollah, and the final text was confirmed on Monday; ② Affected by the easing of tensions in the Middle East, comex gold futures fell more than 3%, crude oil plummeted 3% during the day, and the usd dropped by 0.5%.
Crude Oil Drops on Report Israel Set for Ceasefire Deal With Hezbollah
Amid Trump's 'Drill Baby, Drill' Pledge, Strategist Predicts US Oil Supply Will See 'Marginal' Increase: 'Does The World Need That Much Oil?'