Global Oil Demand Growth Slows: WTI Prices Plummet 4% Amid IEA Forecasts
WTI prices fell over 4% as the IEA predicts slower global oil demand growth for 2025 and 2026, alongside unexpected increases in US crude inventories raising supply concerns.
WTI prices fell over 4% as the IEA predicts slower global oil demand growth for 2025 and 2026, alongside unexpected increases in US crude inventories raising supply concerns.
Oil prices surged as President Trump's tariff plans and potential sanctions on OPEC+ members raised concerns over future oil supply and market stability. WTI and Brent crude both s...
On the final trading day of 2024, oil futures prices increased, with WTI rising by 1.10% and Brent by 0.97%. The market faces uncertainties including oversupply, geopolitical confl...