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Tag Archives Red Sea


Photo: File
General, Markets

Volatile oil market most likely to improve says analyst 

Israel-Gaza war, Red Sea attacks having less impact than expected

By Glen Hallick - MarketsFarm January 9, 2024
Reading Time: 2 minutes As the global oil market continued to ready itself for 2024, one analyst stated it’s more likely prices will increase than to drop further. Phil Flynn of the Price Futures Group in Chicago said one’s outlook on crude oil is predicated on their economic view. 

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