On September 17, market analyst Lee Ying Shan wrote that with the economic slowdown of some Asian countries, the oil prospects were dim.However, the good news is that the market is unlikely to "collapse".500) This.Width = 500 ‘Align =’ Center ‘hspace = 10 vspace = 10 rel =’ nofollow ‘/> Goldman Sachs Global commodity research joint director DAAN Struyven estimates that if the demand of some large consumer powers in Asia will continue to be sluggish, crude oil prices are inIt may fall to less than $ 60 per barrel in the next two years.He does not rule out the possibility of a greater decline.
Struyven said: "We estimate that in the case of a moderate decline in the US economy, the price of Brent crude oil may fall to about $ 50 per barrel."
Although high interest rates implemented to inhibit stubborn inflation have led to a slowdown in economic growth and caused economic recession concerns, the US economy remains tough.Nevertheless, a survey shows that Americans believe that the United States has fallen into decline.
The trading giant Tocker Group expressed concerns about Asia’s weak demand and global oil consumption related to it.
Tocker Group Global Petroleum Director Ben Luckock said that it is estimated that oil prices will soon fall to about $ 60.
Although the situation in the Middle East continued to be tight and Russia broke out with Ukraine, oil prices still fell.However, Luckock warned not to be too pessimistic.
The huge demand in India has brought some hope to the oil market.According to the Forecast of the International Energy Agency, India will lead the demand for oil in 2024Hyderabad Stocks. It is expected that the average daily increase will be 200,000 barrels.
India is the fastest growing large economy in the world. The goal is to surpass Japan and Germany by 2027, becoming the third largest economy in the world.500) This.Width = 500 ‘Align =’ Center ‘hspace = 10 vspace = 10 rel =’ nofollow ‘/> WTI crude oil price daily mapPune Stock
11:12, September 18, Beijing time, WTI crude oil price is reported at $ 69.61/barrelSurat Wealth Management
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