OPEC lowered its global oil demand growth forecast for 2024 and 2025 for the fourth month in a row, citing weaker demand in ...
Oil prices held near a two-week low on Tuesday after dropping about 5% over the past two sessions as investors absorbed ...
Oil markets are facing a supply glut, with non-OPEC producers on track expand production by 1.5 million barrels of oil a day, ...
OPEC cut its forecast for global oil demand growth in 2024 and lowered its projection for next year on Tuesday, highlighting ...
OPEC cut its oil demand growth forecasts for this year and next for a fourth consecutive month as it belatedly recognized a ...
said in its World Energy Outlook 2024 report last month. In October, OPEC cut its 2024 global oil demand forecast in the ...
OPEC’s recent decision to extend its production cuts till the end of January has added more uncertainty to the oil market as ...
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The Organization of the Petroleum Exporting Countries cut its forecast for oil-demand growth for the fourth consecutive month ...
0116 GMT – Oil prices are mixed in early Asian trade. Market sentiment is likely weighed after OPEC cut its demand forecasts, Westpac senior economist Pat Bustamante writes in a note. In its monthly ...
Crude Oil dips further away and hits rock bottom Traders remain focused on concerns over Chinese demand and OPEC’s impasse as ... Pipeline Crossroads of the World”. It is a benchmark for ...
Saudi Arabia and allied oil producing countries say they will postpone ... which comes ahead of the U.S. presidential election on Tuesday. In June, OPEC said 2.2 million barrels a day in voluntary ...