U.S. oil companies and refiners are likely to face another challenging 12 months in 2024, Bank of America (BofA) analysts wrote in a note on Friday, who expect Brent crude to average $80 per barrel this year. Crude futures lost over 10% in 2023 in a tumultuous year of trading marked by geopolitical...
https://www.hellenicshippingnews.com/oil-to-remain-volatile-in-2024-says-bofa/