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Jun 12, 2024 · Oil 2024 looks beyond the short-term horizon covered in the IEA’s monthly Oil Market Report to provide a comprehensive overview of evolving oil supply and demand dynamics through to 2030. The report provides detailed analysis and forecasts of oil demand fundamentals across fuels, sectors and regions.
2 days ago · (Bloomberg) -- Oil held in the narrowest weekly trading range since 2021, ahead of US economic data that may help set the tone for broader markets. West Texas Intermediate was steady near $82 a barrel after advancing 1% on Thursday, with prices moving in a band of about $2 this week. Brent closed above $86.
3 days ago · Wed, Jun 26, 2024, 12:35 PM 2 min read. (Bloomberg) -- Oil settled little changed after swinging between losses and gains as US petroleum stockpiles rose to the highest in more than three years ...
Jun 12, 2024 · Highlights. World oil demand growth continues to slow, with 2024 gains now seen at 960 kb/d, 100 kb/d below last month’s forecast. Weak OECD deliveries pushed global demand into a narrow y-o-y contraction in March. Subpar growth of 1 mb/d in 2025 is held back by a muted economy and accelerating clean energy technology deployment.
Jun 11, 2024 · We forecast that global oil inventories will begin increasing at an average of 0.4 million b/d in 2Q25 and will increase by 0.6 million b/d in the second half of 2025. As a result, we expect oil prices will increase to an average of $87/b in 4Q24 and $88/b in 1Q25.
5 days ago · Brent futures for August delivery settles at $86.01 a barrel. U.S. crude settle at $81.63 a barrel
Jun 12, 2024 · Crude oil imports declined in 2021, while refined petroleum product imports rose modestly oil crude oil, imports, RPPs, refined petroleum products, demand, gasoline, diesel
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