VIDEO: Global oil outlook. Five factors to watch in Week 12
Eloise Radley
20-Mar-2023
LONDON (ICIS)–Benchmark crude prices have crashed to their lowest level since December 2021, hit by news of multiple banking failures. Against this background, the US Federal Reserve faces a huge challenge when it meets later this week – to continue raising interest rates to cool inflation and risk a recession – or take a pause.
And what does this mean for oil prices?
ICIS market experts take a look at the main drivers for Week 12.
Global News + ICIS Chemical Business (ICB)
See the full picture, with unlimited access to ICIS chemicals news across all markets and regions, plus ICB, the industry-leading magazine for the chemicals industry.
Contact us
Partnering with ICIS unlocks a vision of a future you can trust and achieve. We leverage our unrivalled network of industry experts to deliver a comprehensive market view based on independent and reliable data, insight and analytics.
Contact us to learn how we can support you as you transact today and plan for tomorrow.
READ MORE
