Oil Comment_ Q&A on OPEC Supply, the Middle East, and China Stimulus

_ 29 September 2024 | 7:06PM EDT Oil Comment: Q&A on OPEC Supply, the Middle East, and China Stimulus n Oil prices are down about 3% over the past week despite rising geopolitical tensions in the Middle East and despite China stimulus. We believe that this price action reflects that the geopolitical risk premium remains limited and market expectations of potentially higher oil supply following press reports about Libya and Saudi Arabia. To be clear, neither report has changed our base case for supply. n We ...