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 Evergrande's Liquidation: A Significant Turn in China's Property Crisis READ MORE Warning Signs: Recent Bank Failures and the Fragile Global Financial System READ MORE Core Inflation Meets Expectations, Posing Questions for Fed's Next Move READ MORE U.S. Economy's Fate Tied to Federal Reserve's Decisions READ MORE Central Banks Boost Gold Reserves to Diversify from the Dollar READ MORE Add a Comment Cancel replyYour email address will not be published.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