Скачать или смотреть Nov 12, 2024 - Oil Hovers Near $68-$69 per Barrel after OPEC Lowers Global Oil Demand Forecast

Nov 12, 2024 - Oil Hovers Near $68-$69 per Barrel after OPEC Lowers Global Oil Demand Forecast

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Описание к видео Nov 12, 2024 - Oil Hovers Near $68-$69 per Barrel after OPEC Lowers Global Oil Demand Forecast

Nov 12, 2024 - WTI crude oil futures hovered between $68 and $69 per barrel early Tuesday, after OPEC lowered its forecast for global oil demand growth in 2024, estimating an increase of 1.82 million barrels per day, down from last month’s 1.93 million. This marks the fourth consecutive cut in their projections, driven by weaker-than-expected data from major consumers like China. Although OPEC's forecast remains higher than those of Wall Street and the IEA, which expects much slower growth, the cartel is adjusting expectations amid falling crude prices. International oil prices have dropped about 18% since July due to easing Middle East tensions and reduced demand from China.

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