UBS Group analyst Giovanni Staunovo said that oil traders are focusing on slowing economic activity, but the 'moderate' supply growth is keeping the oil market in a situation of undersupply. 'Considering that stocks are likely to continue to decline, we expect Brent to return to over $80 per barrel.'
瑞银：布伦特原油将反弹至每桶80美元以上
UBS Group: Brent crude oil will rebound to over $80 per barrel.
The translation is provided by third-party software.
The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
Hot News
Updated