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Goldman Sachs raises Brent crude oil price forecasts for 2024 and 2025

Goldman Sachs raises Brent crude oil price forecasts for 2024 and 2025

  • Nudged up to $86/bbl and $82 from $85 and $80 previously
Eamonn Sheridan
Eamonn Sheridan
Wednesday, 24/04/2024 | 23:07 GMT-0
24/04/2024 | 23:07 GMT-0
News

Suez Canal shipping chaos: Iran-linked Houthi terrorist attacks spark inflation concerns

Suez Canal shipping chaos: Iran-linked Houthi terrorist attacks spark inflation concerns

  • UK data reveals a 66% drop in Suez Canal traffic due to Houthi attacks, causing delays and higher costs.
Eamonn Sheridan
Eamonn Sheridan
Wednesday, 24/04/2024 | 22:56 GMT-0
24/04/2024 | 22:56 GMT-0
News

No help from the inventory data as WTI crude settles down 55 cents

No help from the inventory data as WTI crude settles down 55 cents

  • Oil alternating between gains and losses
Adam Button
Adam Button
Wednesday, 24/04/2024 | 18:39 GMT-0
24/04/2024 | 18:39 GMT-0
News

EIA weekly US oil inventories -6368K vs +825K expected

EIA weekly US oil inventories -6368K vs +825K expected

  • Weekly US oil inventories
Adam Button
Adam Button
Wednesday, 24/04/2024 | 14:31 GMT-0
24/04/2024 | 14:31 GMT-0
Technical Analysis

WTI Crude Oil Technical Analysis

WTI Crude Oil

WTI Crude Oil Technical Analysis

  • Crude Oil fell below the key $83 zone as the geopolitical risk faded. What’s next?
FL Contributors
FL Contributors
Wednesday, 24/04/2024 | 12:04 GMT-0
24/04/2024 | 12:04 GMT-0
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