OPEC cuts oil demand growth forecast - Search News

Trending on Bing

Francine makes landfall

Swift endorses Harris

Sues Diddy for sexual abuse

Bridge Fire explodes in size

Escaped zoo tiger captured

Reportedly reaches plea deal

Tulsa suit rehearing denied

Tenn. Senator Sasser dies

UNC System DEI overhaul

Shuts down grant program

To end discounted rates

Wireless data usage record

Seeks no prison time

Condemns activist's death

Black enrollment dips

Officers stand trial in death

Frankie Beverly dies at 77

2024 MTV VMAs winners

$1.3B military aid for Egypt

Tighter security for Jan. 6

Peru ex-president dies

Scraps govt. funding plan

Ordered to pay $28 million

Faces new terrorism charge

To invest in Michigan plants

UN school in Gaza attacked

UT social media law blocked

Prisoner to remain on ballot

Players slam commissioner

Most-watched Week 1

$5.6B lost in crypto scams

AL mailing election ballots

MX passes judicial overhaul

Key takeaways from debate

US inflation cools

OPEC cuts outlook for oil demand

Benzinga (Video) on MSN · 11h

Oil Prices Drop Over 3% After OPEC Cuts Demand Forecast. Wall Street Revises Price Targets as OPEC Lowers Growth Targets

Oil prices fell over 3% on Tuesday, marking the lowest levels since December 2021. OPEC's monthly report indicates a reduced forecast for oil demand growth in 2024 and a slight decrease for 2025 compared to previous estimates.

GlobalData on MSN · 19h

OPEC cuts oil demand growth projections

The body’s monthly report indicates a 2025 growth at 1.7 million barrels per day (mbbl/d), slightly below this year’s figure.

OPEC Drops 2024 Crude Oil Demand Forecast For Second Straight Month

For the second consecutive month, OPEC slightly cut its forecast for 2024 global crude oil demand in its September Oil Market Report published Tuesday.

Investopedia · 1d

Crude Oil Prices Fall to Lowest Level of 2024 as OPEC Cuts Demand Outlook

U.S. and international crude oil futures skidded to their lowest levels in more than a year after the influential oil producing group cut its 2024 outlook, citing weakness in Chinese demand.

Wall Street Journal on MSN · 1d

OPEC Trims Oil Demand Outlook Further Amid Price Slump

OPEC slightly cut its forecast for oil-demand growth after delaying its planned output hikes last week in a bid to support sinking prices.

Reuters on MSN · 1d

OPEC again lowers 2024, 2025 global oil demand growth view

OPEC on Tuesday cut its forecast for global oil demand growth in 2024 reflecting data received so far this year and also trimmed its expectation for next year, marking the producer group's second consecutive downward revision.

OPEC cuts forecast for oil demand growth, revises forecast for coming years

OPEC has revised its forecast for global oil demand growth this year, lowering it to approximately two million barrels per day. According to its late

Seeking Alpha · 1d

OPEC cuts outlook for oil demand further as prices fall

OPEC sees demand as healthy with strong demand for air travel and car transportation, along with industrial, construction and agricultural activities in non-OECD countries.

FXEmpire.com · 1d

Natural Gas, WTI Oil, Brent Oil Forecasts – WTI Oil Dives 4.5% As OPEC Cuts Demand Forecasts

WTI oil tests yearly lows as traders react to the OPEC report, which indicated that the organization had cut its demand growth forecasts for 2024 and 2025. If WTI oil settles below the $65.00 level, it will head towards the next support at $64.00 – $64.50.

Crude oil prices fall as OPEC cuts demand predictions

U.S. crude oil futures experienced a significant drop, erasing gains made in the previous session, following OPEC’s decision to lower its demand forecast for the second time in two months. brent crude futures fell below USD70 per barrel for the first time since December 2021,

Business Standard · 1d

Opec again cuts growth forecast of global oil demand in 2024, 2025

The weaker outlook further underscores the challenge faced by Opec+, which comprises the Organization of the Petroleum Exporting Countries and allies such as Russia in balancing the market

Crude Oil Prices2d

Oil Trading Giant Trafigura Sees Brent Falling Below $70 Soon

Trafigura, one of the world's largest independent oil traders, has predicted that Brent oil prices will soon fall into the ...

5don MSN

Commodities Roundup: Traders to focus on oil demand, China's trade balance data in coming week

Gold prices (XAUUSD:CUR) held steady on Friday on their way to a small weekly gain, as traders braced for the non-farm ...

6don MSN

Why it’s ‘practically impossible’ for OPEC+ to boost oil output now

Signs of weaker oil demand have pulled prices for the commodity to their lowest levels of the year, complicating plans by ...

Some results have been hidden because they may be inaccessible to you

Show inaccessible results