IEA predicts just 970,000 bpd oil demand growth in 2024, contrasting sharply with OPEC's more optimistic outlook. Rising Iran-Israel tensions and U.S. military moves in the Middle East may ...
Barclays on Friday lowered its 2025 Brent oil price forecast by $9 per barrel to $74 per barrel, citing a softer demand ...
While there might be some correlation between Saudi production policies and U.S.-Saudi relations, the reality seems more ...
The International Energy Agency (IEA) has shifted its stance, with Executive Director Fatih Birol stating that upstream investments in existing oil and gas fields are necessary to support global ...
Arabian Gulf Business Insight on MSN2d
IEA’s hard line on oil glut clashes with Opec forecastThe International Energy Agency (IEA) has said US tariffs will contribute to a decline in global oil demand growth this year, once again contrasting with Opec’s more optimistic forecast. In a monthly ...
Crude oil holds key support near $66.72, hinting at a short-covering rally, but WTI remains below key moving averages. Will ...
Russia's Deputy Prime Minister Alexander Novak predicts an increase in global oil demand during the summer driving season, ...
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