Menu Laterale Completo
🇮🇹 ITA 🇬🇧 ENG
× 📱 DOWNLOAD APP OUR SERVICE

🖥️OIL DEMAND GROWTH FORECASTS MAINTAINED

🖥️OIL DEMAND GROWTH FORECASTS MAINTAINED

Day: 10 | Time: 17:01:22 Brent futures remained steady around $84.5 per barrel after the EIA reported a larger-than-expected decrease in crude oil inventories in the United States. US crude oil inventories fell by 3.444 million barrels, surpassing the anticipated decrease of 3.0 million barrels. Gasoline inventories also decreased more than expected. OPEC has maintained its forecasts for strong global oil demand growth through 2024, particularly during the summer. The EIA predicts that global oil demand will reach 104.7 million barrels per day by 2025, slightly exceeding the projected supply of 104.6 million barrels per day, indicating a future deficit. Meanwhile, China's annual inflation rate unexpectedly dropped to 0.2% in June from 0.3%.