Global Oil Prices: Uncertain macroeconomic conditions continue to create volatility in global oil prices – Heemang Parmar

Although prices cooled down from their 14-year high hit in March, crude oil prices remain extremely volatile on uncertain macroeconomic conditions. A cut in global oil demand forecast by agencies like Energy Information Administration (EIA) and OPEC, easing tensions between Russia and Ukraine, concerns over China’s demand, and a G7-proposed Read more…