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    • Oil gains 1% on hopes of firmer demand

      Oil gains 1% on hopes of firmer demand

      Reuters· 3 days ago

      Brent settled 71 cents higher, or 0.9%, at $83.98 a barrel. U.S. West Texas Intermediate crude (WTI) gained 83 cents, or 1.1%, to $80.06. For the week,...

    • IEA lowers 2024 oil-demand forecast

      IEA lowers 2024 oil-demand forecast

      Market Watch· 6 days ago

      The revision was driven by lower-than-expected growth in the first quarter, with oil demand in OECD countries contracting by 70,000 barrels a day on...