WTI is already under $70, Brent at $71.78 not far behind. US CPI...

  1. 1ronnie
    24,270 Posts.
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    10/09/24
    15:01
    Post #: 75611079
    WTI is already under $70, Brent at $71.78 not far behind.

    US CPI can't be bad with oil prices in the doldrums.

    Gunvor and Trafigura forecast oil prices at $60-$70 per barrel due to weak demand in China and global oversupply, down from earlier highs of over $90 per barrel this year

    https://x.com/OilHeadlineNews/status/1833070839660470584
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    lightbulb Created with Sketch.  Great analysis
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