• Three reasons to buy oil. Forecast as of 11.01.2024

    Three reasons to buy oil. Forecast as of 11.01.2024
    Due to increased supply from non-OPEC+ countries, oil lost more than 10% of its value in 2023, its first annual decline since 2020. However, the situation risks changing in 2024. Let us discuss this topic and make up a trading plan for Brent.Weekly oil fundamental forecastGeopolitics is generally seen as a short-term factor influencing oil prices. However, at the turn of 2023-2024, it is this factor that allows Brent to remain relevant. The armed conflict in Israel is gradually spreading th

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