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…