opec oil demand news - Search News

Crude oil futures fell 2% Monday after OPEC reduced its oil demand outlook for 2024 and 2025 once again, citing data received so far this year.

Reuters on MSN · 21h

Oil falls 2% as OPEC cuts oil demand growth view, China concerns

Oil prices fell 2% on Monday as OPEC again lowered its outlook for 2024 and 2025 global oil demand growth while China's oil imports fell for the fifth straight month. China's stimulus plans failed to inspire investor confidence while markets kept watching for potential Israeli attacks on Iranian oil infrastructure.

MarketWatch · 1d

OPEC trims forecast for oil-demand growth in 2024 and 2025

The Organization of the Petroleum Exporting Countries on Monday cut its forecast for growth in oil demand for this year and 2025. In its monthly report, OPEC said it cut its forecast for demand growth in 2024 by 106,

Oil Prices Fall

Reuters on MSN · 18h

Oil prices drop $2 on demand concerns, Israel comments

Oil prices slid $2 in early Asian trade on Tuesday as OPEC lowered its outlook for global oil demand growth in 2024 and 2025 and a media report that Israel is willing to strike Iranian military and not nuclear or oil targets.

The New York Times · 2h

Oil Prices Fall After Israel Reportedly Says It Won’t Target Iran’s Nuclear or Oil Facilities

Brent crude, the international benchmark, was trading at below $74 a barrel on Tuesday, a drop from the $80 range.

MarketWatch on MSN · 4h

Crude prices tumble after report Israel won’t target Iran’s oil facilities

Oil futures tumbled Tuesday, with the U.S. benchmark dipping back below $70 a barrel, after a report that Israel will not attack key oil facilities in Iran. The Washington Post, citing officials familiar with the matter,

13hon MSN

OPEC Further Trims Oil-Demand Outlook

The Organization of the Petroleum Exporting Countries further trimmed its forecast for oil-demand growth, as it prepares to ...

Marketplace21h

Why OPEC is downgrading its demand forecast for the 3rd time in 3 months

OPEC is now forecasting that demand for oil will grow more slowly than it had previously expected for the rest of this year ...

Bearish Triple Whammy Hammers Oil Futures With Over 5% Declines

Global oil futures suffered heavy declines on Tuesday following a series of bearish market developments and a renewed focus ...

MT Newswires on MSN7h

China Economic Outlook, Oil Prices Limit European Bourses Midday

European bourses tracked modestly lower midday Tuesday as traders mulled softening commodities prices, and an uncertain outlook for China's economy. Key petroleum prices are down 4% midday on ...

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