Oil Market Impacts Saudi Aramco Earnings

Posted on 08/08/2023

The oil market has defied tightening in recent months as crude oil futures remain in the low US$ 80’s. The IEA’s oil market report points to confusion: “Oil markets are struggling for direction as conflicting data points cloud the outlook. Bearish macroeconomic indicators and concerns over demand growth are clashing with resurgent oil use in…

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