Are we back to fundamentals as oil prices tank further?
Oilholics Synonymous Report
OCTOBER 15, 2024
Then came a revelation that OPEC - deemed the most bullish of the crude oil demand growth forecasters - had revised its prediction lower for 2024 below 2 million bpd. So has the risk premium effectively decoupled and are we now back to market fundamentals driving the oil price again? Photo: Oil production site.
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