2023-09-26 04:32
Oil price rally set to falter as demand doubts loom
Gasoline prices are displayed at an Exxon gas station behind American flag in Edgewater, New Jersey, U.S., June 14, 2022. REUTERS/Mike Segar/File photo LONDON – Oil price s may be near $100 a barrel, but a range of factors could prevent a sustained rally above that level, analysts say. They include a projected rise in non-OPEC production, in addition to Russia's need to boost supply to increase revenue and the potential for oil demand to slow given already-high interest rates in major Western economies.
https://business.inquirer.net/423044/oil-price-rally-set-to-falter-as-demand-doubts-loom
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https://business.inquirer.net/423044/oil-price-rally-set-to-falter-as-demand-doubts-loom
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