Latest News for: oil forecast

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Crude oil prices set to fall 10% by end of 2024

Invezz 18 Apr 2024
According to a forecast by the World Bank, oil prices may average as low as $80 per barrel in 2024.2 ... World oil demand growth continues to lose momentum with Q1 2024 growth of 1.6 million barrels per ...
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Oil prices tad up on anticipation of fresh US sanctions on Venezuela

Live Mint 18 Apr 2024
... of 2.7 million barrels to 460 million barrels for the week ending 12 April.The International Energy Agency (IEA) has adjusted its global oil demand growth forecast in its latest monthly report.
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Oil stabilises after sharp drop on demand concerns

Bahrain News Agency 18 Apr 2024
Analysts at JP Morgan highlighted in a note late on Tuesday that worldwide oil consumption so far in April has been 200,000 barrels per day (bpd) below its forecast, averaging 101 million bpd.
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ComboCurve Announces V36 Release, Introducing a New Advantage in Energy Sector Economic Analytics and Forecasting

ACCESSWIRE 18 Apr 2024
Users Now Able to Import and Forecast Up to 40 Custom Streams HOUSTON, TX / ACCESSWIRE / April 18, 2024 / ComboCurve, a leader in energy analytics and forecasting for the oil and gas industry, today ...
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Here's the latest you need to know on the Permian Basin oil and gas industry

Carlsbad Current Argus 18 Apr 2024
This will be updated weekly with the latest business deals, data and regulations affecting the oil and gas industry in the Permian Basin. Oil and gas continue to boom in the Permian Basin, and lately ...
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Oil Storage Market Qualitative Insights On Application And Outlook By Size, Share, Future Growth By 2030

MENA FN 18 Apr 2024
(MENAFN - EIN Presswire) Oil Storage MarketInnovation to Drive Oil Storage Market Throughout the Forecast Period (2021 – 2030) Major driving factors in the oil storage market include low crude ... .
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What are the implications of oil’s recent surge on global markets

CyprusMail 18 Apr 2024
The tightness in oil supplies, and higher prices, has been underpinned by oil producing group OPEC and other big oil producers curbing their output. Morgan Stanley has lifted its third quarter Brent crude oil forecast by $4 per barrel to $94 .
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Organization of the Petroleum Exporting Countries (OPEC) to Participate at Invest in African Energy (IAE) ...

Capital Ethiopia 18 Apr 2024
... oil supplies in global affairs ... The IAE forum will feature technical discussions around Africa’s oil outlook, exploring supply, demand and price forecasts based on various energy transition scenarios.
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Markets rise as traders consider US rate outlook

Guam Pacific Daily News 18 Apr 2024
Oil edged ... Oil ticked up, having plunged more than three percent Wednesday after figures showed a forecast-busting build in US stockpiles that raised questions about demand in the world's top economy.
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Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Dives 3% Amid Demand Worries

FX Empire 17 Apr 2024
Oil tests weekly lows as traders stay focused on the situation in the Middle East ....
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World Bank, IMF align on Kuwait’s economic growth

Arab Times 17 Apr 2024
The World Bank has upgraded its growth projections for Kuwait’s economy in 2024 to 2.8%, surpassing its earlier forecast of 2.6% made in January, reports Al-Seyassah daily ... in oil exporting nations.
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Why are oil prices muted despite Iran attack?

Khaleejtimes 17 Apr 2024
Oil prices have failed to soar even after major ... Varga forecast that spare oil capacity within the OPEC cartel "should be sufficient to mitigate the impact of any supply disruption" caused by Iran.
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Even at £5+, BP’s share price still looks around 50% undervalued against its peers to me

The Motley Fool 17 Apr 2024
BP) share price has been steadily rising along with oil prices since the middle of January. Despite this, it still looks extremely undervalued compared to other oil giants, which is why I’m buying more of it now.
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