Oil fell for a third day as a key market gauge highlighted oversupply concerns before an OPEC+ supply meeting on Sunday.
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OPEC sticks to oil demand view, shifts key forecast to OPEC+OPEC said world oil demand will rise by 2.25 million barrels per day in 2024 and by 1.85 million bpd in 2025. Both forecasts were unchanged from last month
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OPEC switches to 'call on OPEC+' in global oil demand outlook, sources sayExplore stories from Atlantic Canada.
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Oil price news: Oil holds steady ahead of OPEC+ meeting, U.S. inventories reportOil held steady after falling on Wednesday, with traders looking to U.S. stockpiles data and an OPEC+ meeting at the weekend for more clarity on the supply-demand outlook.
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Oil price news: Oil extends gain as geopolitical risks simmer before OPEC+ talksOil extended gains as another attack on a ship in the Red Sea added to heightened geopolitical tensions in the Middle East ahead of an OPEC+ meeting.
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Oil price news: Oil gains as geopolitical tensions rise ahead of OPEC+ meetingOil steadied after a two-day gain despite increased tensions in the Middle East after the death of an Egyptian soldier during a clash with Israeli troops.
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Oil price news: Oil steady as geopolitical tensions rise before OPEC+ meetingOil steadied after a two-day gain despite increased tensions in the Middle East after the death of an Egyptian soldier during a clash with Israeli troops.
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