$100 Oil Is Now Firmly Out Of Reach ...Middle East

With oil prices having crashed this week and demand concerns only mounting, it seems bullish traders will have to forget about triple-digit oil prices for now.Friday, October 6th, 2023The worst week for crude since March, oil prices have shed $10 per barrel this week, pressurized by the US bond selloff that soured the economic outlook into 2024 and then suffered another blow from this week’s EIA numbers that indicated a steep drop in gasoline demand across the US. With Friday focused on US non-farm payroll data, ICE Brent climbing to triple…

Hence then, the article about 100 oil is now firmly out of reach was published today ( Friday 06/10/2023 - 05:04 PM ) and is available on OILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

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