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Oil flirts with breaking below $78 after sluggish demand forecast from IEA
The Forex Market· 1 day agoOil hangs around $78.00 after both OPEC and IEA released their monthly reports. While OPEC stuck to...
OPEC sticks to oil demand view, shifts key forecast to OPEC+
Reuters· 2 days agoOPEC stuck to its forecast for strong growth in global oil demand in 2024 on Tuesday and said it...
OPEC sticks to oil demand view, shifts key forecast to OPEC+
Reuters via Yahoo Finance· 3 days agoLONDON (Reuters) -OPEC stuck to its forecast for strong growth in global oil demand in 2024 on...
Oil ends at 9-week low after OPEC leaves demand forecast unchanged
Market Watch· 2 days agoThe OPEC report “did not bring anything new regarding future expectations for this year and next...
OPEC+ to weigh members’ oil output | Arkansas Democrat Gazette
Arkansas Democrat-Gazette· 2 days agoOil cartel OPEC+ is once again grappling with the thorny question of how much oil its members are...
OPEC+ Reopens Debate Over Its Members' Oil Production Capacity
Rigzone· 2 days agoOPEC+ is once again grappling with the thorny question of how much oil its members are actually...
Goldman Sachs sees crude price rangebound with OPEC+ keeping a lid on capacity
Proactive Investors· 6 days agoGoldman Sachs has updated its outlook for Brent crude oil, anticipating that prices will average $82...
What Are the Key Takeaways From IEA's Oil Market Report?
Zacks· 17 hours agoThe International Energy Agency (IEA) has lowered its oil demand growth forecast for 2024 by 140,000 barrels per day (bpd), citing weak consumption in developed economies. This adjustment takes ...
IEA Warns OPEC+ to Keep Lid on Oil Price to Avoid Higher Inflation
Bloomberg· 6 days agoOPEC+ producers shouldn’t take actions that would push oil prices up and thus boost inflation when...
Goldman Sachs sees OPEC+ unlikely to raise oil production at June meeting
Gulf Business· 4 days agoGoldman still expects Brent crude futures to remain in a range of $75 to $90 a barrel in most...