"2023 Oil Slump Sets Stage for Potential Energy Market Rebound in 2024"
TL;DR Summary
Oil prices are on a slight rise on the last Friday of 2023 but are projected to close the year with an approximate 10% decline. This downturn reflects broader trends and challenges within the energy market, which investors and industry analysts will continue to monitor as they forecast future market movements.
Topics:business#2023-trends#business-and-economy#commodities#energy-market#market-forecast#oil-prices
- Oil Prices Headed for 10% Drop in 2023. What’s Next for the Energy Market. Barron's
- U.S. crude oil sheds more than 10% for the year in first annual decline since 2020 CNBC
- Oil, Gas, and Gold All Could Shine in 2024 Barron's
- Oil prices shed 10% in 2023 as supply, demand concerns weigh Reuters
- What's In Store for Energy Markets in 2024 OilPrice.com
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