Following a relatively weak first quarter, a demand recovery thereafter combined with supply uncertainties should see Brent recover to trade in the $90s
oil prices
Posted inDownstream
5 ways the supply chain will be impacted due to oil prices
From an average customer’s viewpoint, increase in oil prices mean more expensive fuel costs and expected inflation concerning consumer products. However, volatility in oil prices affects different segments of the industry, especially sectors that rely on oil, based on interdependencies, such as logistics, the F&B industry and consumer goods, among others. However, oil prices have […]
Posted inMarkets
Oil prices fall on economic slowdown, more supply
The market is faced with the prospect of rising supply as demand moderates