VIDEO: Global oil outlook. Five factors to watch in Week 16
Eloise Radley
15-Apr-2024
LONDON (ICIS)–Oil prices could come under downward pressure this week after Iran said its retaliation against Israel for the death of top military generals in an embassy bombing in Damascus is over.
A weaker demand outlook for crude and worries that US interest rates will be higher-for-longer may add to the weaker picture.
ICIS highlights five factors likely to drive benchmark crude prices this week.
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