Oil prices flat at 78/bbl as Middle East conflict counters ample supply outlook
- Posted on October 4, 2024
- By Business News Today
- 6 Views
Oil prices flat at 78/bbl as Middle East conflict counters ample supply outlook
Bearish bets on oil have found some room to unwind this week amid mounting concerns over potential supply disruptions in the Middle East, along with optimism that China's recent economic stimulus efforts may offer some uplift in demand, IG market strategist Yeap Jun Rong said.
