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OPEC Cuts Oil Demand Outlook
OPEC Cuts Oil Demand Outlook, Again
KEY TAKEAWAYS Crude oil prices fell Monday after the Organization of the Petroleum Exporting Countries (OPEC) reduced its oil demand outlook for 2024 and 2025 once again, citing data received so far this year.
Oil falls 2% as OPEC cuts oil demand growth view, China concerns
Oil prices fell 2% on Monday as OPEC again lowered its outlook for 2024 and 2025 global oil demand growth while China's oil imports fell for the fifth straight month. China's stimulus plans failed to inspire investor confidence while markets kept watching for potential Israeli attacks on Iranian oil infrastructure.
OPEC+ lowers global oil demand forecast for third consecutive month
OPEC+ has once again lowered this year’s forecast for oil demand growth worldwide, causing crude prices to fall by nearly 2%.
7h
Oil prices drop $2 on demand concerns, Israel comments
Oil prices slid $2 in early Asian trade on Tuesday as OPEC lowered its outlook for global oil demand growth in 2024 and 2025 ...
2h
OPEC+ Slashes Oil Demand Forecast For 2024 & 2025 Amid Middle East Tensions, Crude Oil Prices Fall
The Organization of the Petroleum Exporting Countries and its allies, including Russia (OPEC+), have cut their forecast for ...
11h
Oil Prices Drop 2% As OPEC Cuts Forecast, Iran's Output Rises: Analyst Says Netanyahu May Doubt US Commitment To 'Restricting Iranian Exports'
OPEC cuts global oil demand growth estimate for third consecutive month, citing actual consumption data and reduced ...
Crude Oil Prices
7h
Is The West Prepared To Deal With Potential Iranian Sabotage Of The Oil Market?
The parallels between the onset of the current events in the Middle East and those that preceded the 1973 Oil Crisis are ...
4h
on MSN
Oil prices fall 3% as concerns ease on potential Iran supply disruption
Oil prices dropped 3% in early Asian trade as Israel reportedly refrained from targeting Iranian oil, alleviating supply concerns.
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