OPEC Cuts Oil Demand Forecast Amid China Concerns
OPEC lowers oil demand growth estimate for 2024, highlighting challenges with Chinese market and production plans.
- Latest
- Trending
OPEC lowers oil demand growth estimate for 2024, highlighting challenges with Chinese market and production plans.
Oil prices fall amid surprise US crude stock rise, dimming demand. Rate cut hopes rise on lower-than-expected US CPI data.
OPEC cuts 2024 oil demand growth forecast, citing China's sluggish demand and dilemmas for production hikes.
Energy Aspects sees no imminent US recession despite global concerns, forecasting stable oil fundamentals and balanced markets.
"Trump's Bitcoin stockpile plan sparks debate; proposals include massive reserves, impacting market dynamics and presidential campaigns."
Brent oil hits summer peak at $86 per barrel due to high US travel, jet fuel demand, and geopolitical risks, ...
Macquarie predicts a 5.3M BBL rise in US crude oil stockpiles by June 21, driven by decreased refinery activity and ...
"Pemex's Olmeca refinery faces delays, high costs; operational by end of 2023 unlikely. Mexico's energy independence goals challenged."
Despite economic hurdles, Egypt's Finance Minister announced 28,000 new eco-friendly cars delivered, supporting green transport and local industry.
Recon Technology (NASDAQ:RCON) stock dips below 200-day average, hits $1.38; analysts issue "sell" rating, highlighting cautious future outlook.
We are building the future together with you. We write content with maximum speed and excellent quality. Each material is accompanied by an analyst's commentary.