.August 6, 2024 02:42:50 AM

Oil prices are currently at an 8-month low due to recession fears and Mideast tensions. Recession concerns are impacting global demand and causing market volatility. Despite tensions in the Middle East, oil prices have not surged due to supply chain resilience. Analysts are closely monitoring economic and geopolitical factors to predict future price movements.

Investors are advised to stay informed about economic indicators and geopolitical events to make strategic decisions. To enhance investment analysis, utilize FMP’s Price Target By Company API for insights into price targets across industries. Compare price targets to make data-driven investment decisions and refine your approach with precise data.