Analysts are holding their oil price forecasts largely steady for the second half of 2024, as geopolitical risks offset muted demand from major consumers...
Analysts are holding their oil price forecasts largely steady for the second half of 2024, as geopolitical risk s offset muted demand from major consumers like China, a Reuters poll indicated on Wednesday. A poll of 36 analysts and economists surveyed by Reuters in the last two weeks forecast that Brent crude would average $83.66 per barrel in 2024, and that U.S. crude would hover at $79.22, largely in line with last month's estimates of $83.93 and $79.72.
Dublin, July 31, 2024 -- The "Social Networking in China - Industry Market Research Report" report has been added to ResearchAndMarkets.com's offering.This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
As PayPal embarks on an ambitious turnaround strategy to revitalize growth after a post-pandemic slump, Wall Street analysts expressed some caution over competition from big-tech and beyond. The concerns highlight the challenges to the profit margins of the company, which for years enjoyed the first-mover advantage in the digital payments industry but has ceded market share more recently to newer entrants.
Brent Crude Oil Demand Reuters Poll Oil Price Forecasts
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