Oil rally to stall as recession risks counter tight supplies

Capt. John

A rally in oil prices could stall as recession fears and COVID flare-ups in China slow demand and counter supply risks from sanctions on Russia and OPEC+ output constraints, a Reuters poll showed. A survey of 35 economists and analysts forecast Brent crude would average $105.75 a barrel in 2022,...

https://www.hellenicshippingnews.com/oil-rally-to-stall-as-recession-risks-counter-tight-supplies/

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