Barclays cuts 2024 Brent forecast on resilient US output, Venezuelan supply

Capt. John

Barclays on Wednesday lowered its 2024 Brent crude price forecast by $4 to $93 a barrel, citing resilient U.S. oil supply and higher output from Venezuela following the relaxationof sanctions on the Latin American producer. Oil prices fell to their lowest in more than three months on expectations...

https://www.hellenicshippingnews.com/barclays-cuts-2024-brent-forecast-on-resilient-us-output-venezuelan-supply/

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