OPEC’s calculated production cuts create a balancing act between production cuts and demand surge in in oil during Q4 2023.
Bloomberg
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Bank Of America Sees Oil Price Predictions Heading Toward $90 This Year
Oil prices will return to above $80 per barrel in the second half of this year and could continue rising toward $90 due to a deepening supply deficit.
Oil Prices Anticipated To Reach 90+ Trustworthy Sources Say
Oil prices anticipated to reach $90+ per barrel range are a possibility by the Vitol Group. Global demand is up and a bullish market is predicted.