Iraq Bulletin

Tag : oil demand

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Oil prices fall as Brent sinks 3% on US crude build and OPEC+ decision

iraqbulletin.co
Brent crude prices declined nearly 3% on Wednesday, rebounding slightly from a three-year low as U.S. crude stockpiles rose more than expected, adding pressure on oil markets already grappling with OPEC+ plans to increase production and fresh U.S. tariffs on...
Business

Global oil demand growth revised down by OPEC by 106,000 barrels per day

iraqbulletin.co
MENA Newswire News Desk: OPEC has revised its global oil demand growth forecast for 2024, reducing the previous estimate by 106,000 barrels per day (b/d). The organization's latest report now projects a year-on-year increase of 1.9 million barrels per day (mb/d),...