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enterprisewired · 6 months
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Oil Market Outlook 2024: Challenges and Expectations
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As oil investors brace for the onset of 2024, concerns loom large over a potential surplus, sluggish economic growth, and persisting tensions in the Middle East that might trigger price volatility.
Recap of 2023 and Current Scenario
The benchmark Brent oil prices averaged approximately $80 per barrel this year, following a tumultuous 2022 where prices soared above $100 due to disruptions in Russian supplies post the Ukraine conflict. Despite hitting a record demand of over 100 million barrels per day (bpd), prices were constrained by a robust non-OPEC output and a robust dollar.
Forecasts and Projections
A Reuters survey projects an average Brent crude price of $84.43 per barrel in 2024. However, predictions vary, with the International Energy Agency forecasting demand growth at 1 million bpd, in contrast to OPEC’s estimation of 2.25 million bpd.
Expectations suggest a supply growth between 1.2 million and 1.9 million bpd in 2024, primarily propelled by non-OPEC producers, as outlined by consultancies Rystad Energy, J.P. Morgan, Kpler, and Wood Mackenzie.
Lower oil prices will persist into 2024: Portfolio Manager
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Anticipated Market Dynamics in 2024
Macquarie’s global energy strategist, Vikas Dwivedi predicts an oversupplied oil market throughout the upcoming year.
Key Factors in 2024:
OPEC+ Compliance
The focus remains on OPEC+ adherence to planned voluntary output cuts, aiming for 2.2 million bpd reductions. According to ANZ, early supply data will determine if these cuts have been implemented, possibly leading to a minor deficit.
Wild Cards – Russia, Iran, Venezuela
The re-entry of Venezuelan oil into global markets due to suspended sanctions may persist for another six months, contingent upon the country’s adherence to an agreed electoral roadmap. Analysts also anticipate continued Russian and Iranian oil flow despite sanctions, influencing pump prices globally.
New Refineries and Crude Quality Mismatch
Analysts foresee relief in refined product tightness, especially in diesel, with over 1 million bpd of new refining capacity expected in various countries. However, the growing supply of light sweet oil from non-OPEC producers might lead to a narrower price spread between different crude grades.
Future Perspectives
While challenges persist, 2024 presents a complex landscape for oil markets. The intricate interplay between geopolitical tensions, OPEC+ decisions, and shifts in global supply and demand dynamics will undeniably shape the year ahead, influencing oil market and price behaviors across continents.
Curious to learn more? Explore our articles on Enterprise Wired
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omgtaraarnold · 5 months
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January Energy Forecast Update 2024
#energyupdate #januaryenergy #januaryforecast
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capitalnumbers · 6 months
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Machine Learning in Energy Consumption Forecasting
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Delve into the world of Energy Consumption Forecasting with Machine Learning, a transformative approach in managing and optimizing energy usage. Learn how machine learning models, built on comprehensive energy consumption datasets, are changing the game in energy efficiency. From data preprocessing, model selection, and training to the practical applications in smart buildings and energy grid management, this blog covers it all. Embrace the future of energy management with insights on the challenges, considerations, and emerging trends in the field. Read our latest post to discover how machine learning is paving the way for a more sustainable and efficient energy future."
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august-style · 8 months
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“Embrace personal & collective evolution” — #EnergyForecast for today, ft. Urban yoga in an alien city 🧘‍♂️ 🪐 
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thewooreview · 4 years
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Samhain spells, rituals + playlist
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I started the Woo Review because I was frustrated that my favourite witchy blogs posted their spells on the day of a ritual, which left no time to prepare. (Who has Frankincense on hand? I didn’t when I first started my woo journey.) I also felt that a lot of the suggestions were overwhelming or unrealistic, so I decided to pull some resources together for my favourite holiday (Samhain/Halloween) in my favourite month (October) well in advance to inspire your socially distant celebrations. As always, take what serves and leave the rest.
Halloween 2020 is blessed with a Taurus full moon. It’s a great time to work magic as the veil is thin, and ancestors are more accessible to help us on our journeys. This is also a good time to add more tools to your decolonization toolkit, as Canada and the United States celebrate Thanksgiving between October and November.
theme + playlist
Release - when you heal yourself, you heal your ancestors, too.
Listen to the playlist on Spotify
moon phase
full blue moon in Taurus, earth sign
day of week
Saturday, ruled by Saturn, a day to celebrate your highest purpose and serve others with your talents.
crystals
black tourmaline, jade, rose quartz, fluorite, citrine
herbs + oils
rosemary, one leaf of ethically harvested white sage
wardrobe
Wear clothes that make you feel the most luxurious and abundant.
affirmation
“I am willing to receive beauty, harmony, and illumination. I am open to receptivity.”
-Bri Luna in the 2016 Many Moons vol. 2
cast spells for
boosting creativity
attracting material wealth
enhancing sexual attractiveness
any matters of the home
fertility
grounding and taking action
stable long-term goals like home buying
suggested ritual - build an altar to your ancestors
Build an altar that celebrates the ancestral traits you want to strengthen, and the inherited behaviours you’d like to let go of.  Place objects that represent what you’re ready to let go of on the left side, and items that symbolize the abundance energy you want to move into on the right side.
Starting October 28, visit your altar every day for three days leading up to the Oct 31 full moon, and three days after the lunation, with your last visit on November 3.
Pick one tangible action you will take to heal some ancestral trauma, and define what you’ll do and how long you’ll do it for. For example, if your mother hated cooking and you, in turn, struggle to prepare nourshing meals for yourself you could decide to prepare one meal a week every Saturday until the next full moon.
other ritual / practice ideas
journal about what makes you feel abundant, focus on things that don't cost money
light a candle, do a 5-minute meditation, and ask your ancestors for guidance on what your ritual should encompass - trust that what you receive is what you need
start dedicating your learning and/or workshiop/teaching sessions to your ancestors and inviting any participants or co-creators to do so as well
journal prompts
What makes me feel abundant?
What would it feel like to accept myself fully?
What positive traits do I thank my ancestors for?
Which ancestral traits am I ready to start healing and letting go of?
What is one tangible step I can take to heal ancestral patterns that don't me serve me anymore? How long will I do this for?
full moon practices
Work Sex magic - sensual manifesting under a Taurus full moon, via the Hoodwitch
Draw a ritual bath for protection while the veil is thin, from Deborah Hanekamp writing for the Numinous
Register for a Decolonizing 101 workshop
Happy Halloween, however you celebrate!
Photo credit: ColorBloKC
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blossomwithbri · 3 years
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ℑ 𝔞𝔪 𝔱𝔯𝔲𝔰𝔱𝔣𝔲𝔩 𝔦𝔫 𝔪𝔶 𝔯𝔢𝔩𝔞𝔱𝔦𝔬𝔫𝔰𝔥𝔦𝔭𝔰.
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The way you relate to yourself reflects the way you relate to others. We have all heard this before, but Spirit wants us to implement this idea in our lives. The issues of trust in the outside world due to past experiences are in question. Your feelings of skepticism are valid; however, is it worth missing out on growth opportunities? Trust that God/Spirit/Universe sends the right people to you when it's time. Believe that every relationship is for your highest good. And trust yourself, knowing that no matter what happens, you'll be ok 👍🏽
Make a list of what you look for in relationships considering business, platonic, romantic, etc. Then create another list of behaviors and patterns you will not tolerate. By doing this, you are setting boundaries between yourself and the Universe. Understand that people are a reflection of cosmic consciousness just like you. We are One. When you set up those terms and conditions with yourself and the Universe, the words you wrote down are what you are attracting. It may take some time because energy moves slow down here, but trust that this works. I'm a living testament 😉
Lastly, continue to bring your awareness to the present moment allowing the past and future to slip away. Embrace the lessons of the now as we find beauty and comfort in our breath 🌬🌱
This week's number: 2 🌚
The Moon, Feminine energy, polarity, duality, relationships, balance, shielding, fertility
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Make sure to save this post so you can reflect on it later in the week 😉Sending you the best intentions 🧚🏽‍♀️🌷🌸
Tips 💌 Cashapp: $Blossomwithbri
DM me 📥 for a personal reading
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houseofchirontx · 3 years
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Venus (Pisces) sextile Uranus (Taurus) @ 7 degrees⁠⁠ March 3rd, 2021⁠⁠ ⁠⁠✨ Venus in Pisces naturally brings unconditional love vibes to the scene. Pisces rule our creativity, spirituality, and subconscious, so when you add the planet of love, beauty, and values to the mix, you get a rosy love life. It's possible to come into an unexpected windfall of money, especially with the sextile to the planet of expectancy in the sign of money. Uranus in Taurus has been shaking up what we value, our self-worth, finances, and partnerships. The sextile to Venus will possibly bring connections in business or intimate relationships. During this time, the relationships developing during this time may last briefly, especially with Uranus' fleeting energy in the mix. Focusing on entertainment, beauty, art, music, cinema may bring artistic breakthroughs in our creative works.⁠⁠ ✨⁠⁠ HAVE YOU REGISTERED FOR MARCH'S FULL MOON HEALING CIRCLE⁉️ LINK IN BIO‼️⁠⁠⁠ ✨⁠⁠⁠ 🌌💫 Do you fully enjoy astrology and wish to gain more knowledge while connecting with people who also LOVE the benefits of utilizing astrology?⁠ Check out the Waitlist for House of Chiron's Celestial City Membership💫🌌⁠⁠ ✨⁠⁠ Don’t forget to sign up for my newsletter, check out my YouTube AND join my Facebook Group! LINKS IN MY BIO‼️⁠⁠⁠ ✨⁠⁠⁠ #geminijazz #houseofchiron #astrology #astropsych #allsigns #astrologycommunity #texasastrologer #astrologersofinstagram #astrologyforecast #energyforecast #forecast #zodiac #learnastrology #blackastrologersofinstagram #horoscope #weeklyastrology #venus #sextile #Uranus #uranusintaurus #venusinpisces #2021astrology⁠ https://www.instagram.com/p/CL9hsWcF4vj/?igshid=1725bj0epiw7f
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robalchemy · 4 years
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This how the collective consciousness feels and looks like for me right now. It’s funny, I tend to see these thick black bars when I look at the collective energy, but usually not with individual people. To me, this is really strong duality. Duality or polarity is an attribute of that older 3D consciousness that looks at things as us vs. them, hot vs cold, good vs bad, etc. Just for comparison, a higher perspective from 5D consciousness would see linear polarity more like a spectrum without ends, much like a circle or perpetual spiral. OK HIPPIE, SO WHAT DOES THIS ACTUALLY MEAN?! Well I’m glad you asked! In identifying this, we are then reminded to temper our passions that work to divide us, and really focus on understanding our inherent unity. Let go of any thoughts or feelings that (in your mind) pit you against others, or otherwise cause you to make comparisons between people or things. Also, be reminded that duality is the consciousness in the old energy, but the evolution of human consciousness that’s happening right now lifts us above and beyond duality so that we can gracefully understand (or atleast acknowledge) that the perspectives of others are just one small pixel in the whole picture. My advice is that today is a day to ESPECIALLY focus on being present and giving yourself that love and validation that we so often look externally for in others. For when this is realized, all sense of competition, comparison and feelings of inadequacy simply fall away.
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stilllotus · 5 years
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Weekly Focus
Remember: there are SIX retrogrades going on right now. That's a lot of personal work. We're going to feel tired, cranky, stuck, snappy and just done. It's okay to take breaks! Lots of breaks! Take care of yourselves right now and do your best.
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Moving into this new season with the ending days of May and beginnings of June. This airy energy is pushing us to go out, be ourselves, express, flow, and breaaathhheee. Welcoming this new season and this new week 🤍🌬 . . . . . #geminiseason #gemini #geminiseason♊️ #geminiszn #spiritual #spirituality #energy #energyupdate #energyforecast #energyiseverything #energyhealing #airsign #geminimemes #geminifacts #spirituality #astrology #astrologyposts #astrologypost #astrologyreadings (at The Universe) https://www.instagram.com/p/Cd6YLZ0Prsx/?igshid=NGJjMDIxMWI=
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omgtaraarnold · 8 months
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October Energy Update Forecast 2023 !
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soulstaralchemy · 2 years
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Energies for the Week: 2/7/22 - 2/13/2022 These are the strongest energies I’m picking up from the Collective for this week. Make it a good one! This week, we will be reminded to be mindful of where your thoughts visit in your mind. Take time to breathe and slow it down a little. Small, but important details, like answers you’ve been looking for, can get missed if you are not present. Another dominant energy will be for us to remain flexible this week. Bend like the willow tree without breaking, if you hear of changes to plans. Be open-minded and adaptable without compromising what’s most important. Even if you have clear vision of an outcome, it would be wise to be open to other possibilities. Spirit may be showing you a better path. Don’t give up & don’t let detours discourage you from moving onward. Don’t quit before the finish line. Spirit wants you to win! Have a blessed week! #soulstaralchemy #flexibility #bepresent #mindfuness #dontgiveup #loveyourself #clearvision #tarot #oraclereading #energyforecast #collective #breathe #spirit #innerguidance #higherself #listen #bestill #innerbliss #faith (at Sunnyvale, California) https://www.instagram.com/p/CZrDrN8LY_V/?utm_medium=tumblr
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nourishinglovebites · 2 years
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Pay Deep Attention to All the Signs, Actions, Behaviors, & Mannerisms of people — in fact, if You Pay Attention to YourSelf & Your Own Behaviors You May even Notice Familiar Patters but You’ll Need to Be Radically Honest & Humble with YourSelf, too! People Show Up to You Where You’re At! We’re All Active or Passive Participants in Our Lives — Nothing is One-Sided because we Live in a World of Duality & Polarity! 😉 #memesdaily #beagoodhuman #innereye #energyforecast #2022 #predictions #collectiveconsciousness #whatsnext #simonsays #questioneverything #thinkaboutit #embraceyourself #noweakness #strengthquotes #quotestoliveby #quoteoftheday #whatdoyouthink #valueyourself #youareworthy (at Clearwater, Florida) https://www.instagram.com/p/CZZqGUzr5bo/?utm_medium=tumblr
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#Repost @leah_whitehorse ... Sun in Leo square Uranus in Taurus – The T-Square between the Sun, Uranus and Saturn is highly active. Unexpected events could trigger disruption and unsettle routines. There’s a clash between freedom (Uranus) and responsibility (Saturn). Perhaps it’s a wakeup call from the universe that something needs to change. We may feel bored by playing it safe but also need to guard against starting something we can’t finish. Be clear about what you want before taking the leap. Rebellious energies are unpredictable. Physically shake your body to discharge electric tension. Ground yourself to dispel anxiety.⠀ ⠀ Resist any urge to alienate yourself because you feel different or damaged. Healing comes from re-defining who you think you are. Let go of resistance. Explore ideas from a different perspective. Maybe you need to leave your comfort zone to shine your light. Embrace your quirks. Celebrate your difference.⠀ ⠀ Degrees and Time⠀ Sun 14°Le43', Uranus 14°Ta43' D – 00:57 (BST)⠀ ⠀ If you enjoy my posts, please consider joining me over on Patreon where I create extra posts for patrons https://www.patreon.com/LeahWhitehorse⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀ #leahwhitehorse #luaastrology #astrology #astrologer #astrologers #astrologypost #astrologyposts #evolutionaryastrology #astrologersofinstagram #astrologersofig #dailyastrology #dailyastrologyposts #astrologyforecast #astroforecast #Astrology2021 #energyforecast #sunsquareuranus https://www.instagram.com/p/CSRBK5Hr6LE/?utm_medium=tumblr
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houseofchirontx · 3 years
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❤️‍🔥 Sun (Libra) square Pluto (Capricorn) @24 degrees ❤️‍🔥⁠ ⁠ 
📆 October 17th, 2021 📆⁠ ⁠ 
The Sun in astrology governs our ego and personality. It is our soul's expression of who we are at the core. Pluto rules power struggles, deception, psychology, fear, transformation, and control.  When we have a square aspect between these two, there is a tendency to increase our need to control and force our agendas.  The ego can create conflict with others at this time due to feeling threatened, resulting in an intense experience. Defensiveness and taking a stance on our beliefs and what is fair will come up during the challenges presented by this transit. The key is to stay aware of the underlying reasons why we feel the need to control a situation, person, or outcome. Is it rooted fears that are causing this trauma response?⁠ ✨⁠ Pluto can bring abuse, past life karma, and other things hidden to the surface. There could be secrets about others that come to light, showing who they genuinely are, causing a shift in perception in their reputation. The planet's expression could show up publicly or within our personal lives. The Sun in Libra is here to help bring back that balance with the assistance of the transformative energy provided by Pluto in Capricorn. Something needs a reformation to prevent further damage, whether it's a damaged reputation, society, organization, or otherwise.⁠ ⁠ 
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woundedhealersworld · 3 years
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Who Are Your Friends? #intuitivemessages #intuitivehealer #collectivemessages #psychicmessages #dailyspiritualguidance #energyforecast #empathandnarcissist #divinefemininepower #empressenergy https://www.instagram.com/p/CQ424xRny9K/?utm_medium=tumblr
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