Standard Chartered: Fundamentals Justify $65 Oil More Than $75 ...Middle East

OILPRICE - Economy
Standard Chartered: Fundamentals Justify $65 Oil More Than $75
source : OILPRICE ( Middle East ) () 11
The oil market is not as tight as the Wall Street consensus view, and with the current slowdown in demand growth, the fundamentals justify more like $65 a barrel Brent rather than $75, Standard Chartered said in a research note dated Tuesday. At present, the oil market is in a mild surplus. The bank's commodity analysts said that it will continue to be in surplus in September. Standard Chartered's view echoes last week's warning from the International Energy Agency (IEA) that new mobility restrictions in Asia to fight the Delta variant are set…

Hence then, the article about standard chartered fundamentals justify 65 oil more than 75 was published today ( ) 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.

Read More Details
Finally We wish PressBee provided you with enough information of ( Standard Chartered: Fundamentals Justify $65 Oil More Than $75 )

Apple Storegoogle play

Last updated :

Also on site :



Latest News

Drillers See Triple-Digit Crude and Hit the Brakes

before 40 minute

Middle East War Reignites the Energy Transition

before 2 hours & 40 minute

Haier отмечает свои выдающиеся достижения в Париже, представляя новый портфель решений для «умного дома»

before 3 hours & 35 minute

Is It Time for Energy Rationing to Return?

before 4 hours & 38 minute

UNLTD x Peanuts® Returns for Spring with New Lacrosse Collection

before 5 hours & 35 minute

Washington Plans $1 Billion Deal to Kill Wind Power as Energy Prices Rise

before 6 hours & 40 minute

Record Your Passion: TORRAS Partners with Portugal Football for the Season Ahead

before 9 hours & 21 minute

University of Phoenix White Paper Translates "Sandwich Generation" Research into Employer Strategies to Improve Retention and Workforce Stability

before 11 hour & 37 minute

IMF projects Egypt’s tourism revenues to reach US$ 28.7 billion by 2030-2031

before 12 hour & 27 minute

Hisense Advances a Quiet Green Revolution in Home Entertainment

before 13 hour & 6 minute

Hisense fait avancer une révolution verte tranquille dans le domaine du divertissement à domicile

before 14 hour & 16 minute

Proms have become like red-carpet events. That comes at a price.

before 14 hour & 28 minute

/C O R R E C T I O N -- FunL/

before 15 hour & 17 minute

Bybit P2P Meets Bybit Pay: 8,000 USDT Prize Pool Exclusive for Kenya

before 19 hour & 30 minute

GSME and Tarana Wireless Announce Strategic Partnership to Transform Wireless Connectivity

before 22 hour & 12 minute