June 2024 – Page 60 – UAG Trade Asia

Oil Price Forecasts Cut as Supply Risks Trend Lower, Poll

June 3, 2024
Oil
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Brent 2024 forecast lowered to 84.01 a barrel WTI forecast cut to 79.56 a barrel OPEC to meet on June 2, seen keeping output cuts in place Price support seen at 80 if cuts extended analyst May 31 Reuters Analysts have lowered their 2024 oil price forecast for the first time since February, reflecting lower […]

June 3, 2024
Finance
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Previous Trading Days Events 30.05.2024 The U.S. economy grew more slowly in the first quarter than previously estimated after downward revisions to consumer spending and a key measure of inflation ticked down. GDP Gross domestic product grew at a 1.3 annualised rate from January through March, down from the advance estimate of 1.6 and notably […]

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Oil Price Forecasts Cut as Supply Risks Trend Lower, Poll

Swiss GDP Improved, U.S. GDP Growth Slower than Estimated, Metals Remain Low, U.S. Indices Dropped Further, Crude Oil High Retreat, Bitcoin Remains Stable

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