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Oil falls 3 percent in early transactions on expectations of decline global demand
[15/10/2024 12:00]
SINGAPORE-SABA
Oil prices fell three percent in early trading today, Tuesday, after the Organization of the Petroleum Exporting Countries (OPEC) lowered its forecast for global oil demand growth in 2024 and 2025.

Brent crude futures fell $2.27 to $75.19 a barrel.

U.S. West Texas Intermediate crude futures fell $2.22 to $71.60 a barrel by 0127 GMT.

The two benchmarks fell three percent in early trading on Tuesday after falling two percent on Monday.


Total of Korean companies grows in 2024 despite industrial companies decline
IMF reduces its global growth forecast to 2.8 percent in 2025
Gold rises as investors assess statements of U.S. Federal Reserve Chairman
Exports, imports decrease in Iraq in Q2 of 2025
Bank of Japan keeps interest rates unchanged
Austrian central bank expects 0.3 percent growth in 2025
Emirati economy grows 5.3 percent in non-oil businesses
Oil declines but stabilizes near its highest in a month
WB grants a $100 million to Madagascar
Natural gas prices in Europe decline to lowest level

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