A week of highs and turbulence
A week of highs and turbulence Graph 1: price chart for Brent and crude oil from O ctober 2023 until today. https://www.cnbc.com/2024/03/14/crude-oil-prices-today.html This week’s highlights . - WTI settles at the highest since the start of November. - IEA, forecast a slight supply deficit for this year, instead of a surplus - Ukraine attacks Russian oil refineries. Price U.S. crude oil futures were at $81 a barrel on Thursday, ending the day at the highest level since early November . The WTI contract for April rose $1. 54, or 1.93%, to settle at $81.26 a barrel. The Brent contract for May added $1.39, or 1.65%, to settle at $85.42 a barrel . Events The International energy revised the global demands to 1,3 million bpd , adjusted upwards by 110 000 bpd . The organization forecast a supply deficit for 2024 as OPEC + will keep its word , by cuttin...