OPEC+ Cuts Oil Demand Forecast, Signaling Market Shift

Reported about 10 hours ago

OPEC+ has reduced its crude oil demand growth outlook for the fifth month in a row, prompting concerns about the future of the oil market. Expert Daniel Dicker notes that the latter half of 2024 presents a 'depressing' perspective on crude oil, suggesting a significant shift towards natural gas and renewables by clients. He also discusses potential energy policies under a second Trump presidency.

Source: YAHOO

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