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OIL PRICES UNDER DOWNWARD PRESSURE

OIL PRICES UNDER DOWNWARD PRESSURE

Day: 09 | Time: 18:59:37 The latest forecasts from the EIA predict a significant growth in global oil demand, leading to an increase in price forecasts for both WTI and Brent. Despite the predictions, oil prices continue to be under downward pressure. Will they reach the 100-day moving average? https://www.forexlive.com/news/the-eia-short-term-energy-outlook-is-out-and-they-see-demand-increasing-20240709/