Oil Prices Set for Stability in 2024, Say Industry Experts Oil markets are expected to stabilize in 2024, steering clear of the dramatic fluctuations experienced in previous years. This outlook is shared by two leading industry figures, International Energy Agency Executive Director Fatih Birol and Mercuria Energy Group CEO Marco Dunand. They predict a year of “moderate” oil prices, supported by a slowdown in global demand growth and an increase in supply, particularly from the Americas. Some analysts, including those from JPMorgan Chase & Co., are forecasting potential price surges in the coming months, especially as Brent crude maintains a strong position above $80 a barrel. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Goldman’s $2,175 Target READ MORE Yellen Critiques Market Overreaction to Inflation Data READ MORE Record Start to 2024: Companies Ramp Up Share Repurchases READ MORE Gold Price Forecast: CommerzBank Says Gold Unlikely To Leave its Trading Range READ MORE China's Decisive Rate Cut Move READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment