Commodity Roundup: Oil falls at start of Q4, JPM keeps gold 2025 target of $2,850/oz
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 01 2024
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Source: SeekingAlpha
Crude Oil Price Decline: Crude oil prices dropped by 1.68% to $67.03 a barrel, following an overall 11% decline in the September quarter due to increased supply and poor demand outlook.
Geopolitical Risks Impact: The decrease in oil prices occurred despite ongoing geopolitical risks in the Middle East, highlighting a shift in market dynamics.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
