Oil Demand Forecasts Aren’t as Bullish as They Seem


Placeholder while article actions load

Recent revisions to oil demand forecasts aren’t as bullish as they might appear. Don’t get too excited about prices going up just yet.

The International Energy Agency, the US Energy Information Administration and the Organization of Petroleum Exporting Countries all updated their short-term outlooks in the past week. Two of them cut their demand estimates for both this year and next, with only the IEA…



Source link

RelatedPosts

Latest Post