Oil Price Forecast | Is Oil a Good Investment? | WTI and Brent Oil Price
Oil prices advanced in the first two weeks of 2023, rising by 11% to 18 January, yet continuing hovering around the levels seen before Russia invaded Ukraine in February 2022.
Conflicting supply-and-demand factors have increased uncertainty in oil price forecasts. Fears of a recession have intensified in both the US and Europe, which could hurt oil demand.
The actions of the world’s central banks, which have repeatedly hiked interest rates to fight surging inflation, along with an economic slo
Conflicting supply-and-demand factors have increased uncertainty in oil price forecasts. Fears of a recession have intensified in both the US and Europe, which could hurt oil demand.
The actions of the world’s central banks, which have repeatedly hiked interest rates to fight surging inflation, along with an economic slo