Energy Market News

Crude oil barrel price is expected to be stable during the year.

 

The short-term outlook in the energy market remains positive, with oil prices stabilising at around $80 for benchmark Brent crude.

 

Some uncertainty over demand is continuing due to the China-US trade dispute, but shortfalls in production from Venezuela and the severe impact of US sanctions on Iran are leading to upwards pressure on oil prices.

 

January 2019