A combination of OPEC forecasts, the situation in the Middle East and U.S. production contributed to the rise in oil prices

Huitong Financial News, January 18, oil prices rose on Thursday as OPEC expects relatively strong growth in global oil demand in the next two years, the market expects U.S. oil production to be interrupted due to a cold snap, and geopolitical tensions in the Middle East. However, price increases are currently limited as the market takes into account mixed factors.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)