Oil investors to usher in 2024 amid oversupply, demand concerns
SINGAPORE/NEW YORK/LONDON: Oil investors will usher in 2024 with gnawing concerns about oversupply, slowing economic growth and simmering Middle East tension that could spark price volatility.
Benchmark Brent averaged around $80 a barrel this year, after a volatile 2022 in which prices surged above $100 after Russian supplies were disrupted following the Ukraine war.
