The end of the road - shocking forecasts of Saxo Bank for 2024
The peaceful path the world has traveled since the Great Financial Crisis, with stable geopolitics, low inflation and low interest rates, has been disrupted during the pandemic years, with policymakers and investors betting on [...]
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November 17 2023
Crude oil cheapest since July
Crude oil surprises again. Yesterday's price drop by almost 5%. caused the prices to be the lowest since the beginning of July this year. Since the September peak, the Brent variety has become cheaper by almost 20%. on the other hand [...]
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19 Września 2023
How long will oil prices stay this high? Will the world plunge into stagflation?
The price of WTI crude oil has increased by almost 30% in three months, which means that its price is higher by less than 7% per year. This, in turn, reverses the positive base we saw in the oil market until the holidays, which also positively [...]
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6 Września 2023
Crude oil dominated yesterday
Yesterday's day was dominated by reports on supply on the oil market. Saudi Arabia and Russia have decided to extend voluntary production cuts until the end of the year. A barrel of Brent and WTI came out [...]