Oil prices edge down, forecasts for higher oil output, weak demand growth weigh

November 14, 2024

Oil prices edged lower. Global production is expected to rise. Demand growth forecasts are weak. The US dollar strengthened. OPEC lowered its oil demand growth forecast. The EIA raised its global oil output forecast. Traders await further market data.

More To Explore

Russia leans on cryptocurrencies for oil trade, sources say

Russia is utilizing cryptocurrencies like bitcoin, ether, and stablecoins in its oil trade with China and India to bypass Western sanctions. This practice assists in

March 14, 2025

Rupee ends at 87.01 vs US dollar, gains 20p from previous close

India’s rupee strengthened by 20 paise against the US dollar, closing at 87.01 following positive retail inflation data. February’s CPI reduced to 3.61% from January’s

March 14, 2025

Advertiser Disclosure

Great-investor.com helps users across the globe to find out The latest news, Guides, and Info about finance and investments. Furthermore, our content and research teams do not participate in any advertising planning nor are they permitted access to advertising campaign data.

Disclaimer

It is our organization’s primary mission to provide reviews, commentary, and analysis that are unbiased and objective. While great-investor.com has some data verified by industry participants, it can vary from time to time. Operating as an online business, this site may be compensated through third party advertisers. Our receipt of such compensation shall not be construed as an endorsement or recommendation by great-investor.com, nor shall it bias our reviews, analysis, and opinions. Please see our General Disclaimers for more information

Top10 International FZ LLE | 17th Floor, Creative Tower | 4422 | Fujairah | TRN: 100608946800003