{"id":186855,"date":"2023-11-03T21:57:00","date_gmt":"2023-11-03T16:27:00","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=186855"},"modified":"2023-11-03T21:57:00","modified_gmt":"2023-11-03T16:27:00","slug":"brent-could-test-the-low-80s-if-macro-concerns-continue-to-weigh-on-prices-rabobank-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/brent-could-test-the-low-80s-if-macro-concerns-continue-to-weigh-on-prices-rabobank-crypto-news\/","title":{"rendered":"Brent could test the low $80s if macro concerns continue to weigh on prices \u2013 Rabobank – Crypto News"},"content":{"rendered":"

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Overall, crude oil<\/a> and refined products have traded sideways for the month of October. Economists at Rabobank analyze Brent\u2019s outlook<\/a>.<\/p>\n

Brent will touch, but not average, $100 at some point in Q4 2023 or Q1 2024<\/h2>\n
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Should gasoline demand continue to weaken, it would be a signal that the economic outlook has also worsened, sparking a financial sell-off of Brent and WTI of $10-12\/bbl. However, this will be mitigated by the long-term physical outlook and ongoing geopolitical issues.<\/p>\n<\/blockquote>\n

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If macro concerns continue to weigh on prices, we could see the low $80s for Brent.\u00a0<\/p>\n<\/blockquote>\n

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We still believe that Brent will touch, but not average, $100\/bbl at some point in Q4 2023 or Q1 2024.<\/p>\n<\/blockquote>\n

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Share: Overall, crude oil and refined products have traded sideways for the month of October. Economists at Rabobank analyze Brent\u2019s outlook. Brent will touch, but not average, $100 at some point in Q4 2023 or Q1 2024 Should gasoline demand continue to weaken, it would be a signal that the economic outlook has also worsened, […]<\/p>\n","protected":false},"author":2,"featured_media":14231,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[299,201,923,248,251,246,257,255,250,683,252,247,253,249,256,254,664],"class_list":["post-186855","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-banks","tag-blockchain","tag-brent","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-gta","tag-looks-rare","tag-oil","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-wallet","tag-wordpress","tag-wti"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/186855","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=186855"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/186855\/revisions"}],"predecessor-version":[{"id":186856,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/186855\/revisions\/186856"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/14231"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=186855"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=186855"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=186855"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}