OPEC Cuts Demand Forecasts for Fifth Straight Month; EIA Lowers Price Outlook on Supply Glut
OPEC, EIA, and IEA all lowered 2024 demand forecasts citing Weak demand from China. They expect a oversupplied market in 2025 due to increased...
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[ETP 2024/50] WTI Rebounds on Outlook of Better Demand in 2025; Henry Hub Rises but Remains Volatile
US crude inventories fell more than expected, but gasoline and distillate stocks rose. Natural gas inventories beat expectations. Wells Fargo...
525 Views
The Drill – Will Chinese stimulus be a home run for commodities?
Welcome back to our weekly editorial on everything commodity and energy-related!This week is all about China as the Politburo and PBoC have...
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US Rig Count Rises for the First Time in 8 Weeks, Led by Surge in Oil Rigs
US oil and gas rig count increases for the first time in four weeks, with US oil production reaching record high of 13.51m bpd. US oil rigs rose...
507 Views
Global Commodities: 2025 Outlook: bullish on gold for third year; supply-constrained base metals ...
The annual outlook for commodity prices in 2025 predicts a small increase, with bullish trends in base metals and agricultural commodities, but...
739 Views