Supply chain leaders are increasingly turning to artificial intelligence to revolutionize their demand-forecasting and ...
This dampens demand for dollar-dominated commodities ... "The drawdowns could accelerate as weather forecast suggest a cold snap is expected by the end of November." The market is also concerned ...
Earlier this week, OPEC further trimmed its forecast for Chinese demand growth to 450,000 barrels a day this year and 310,000 barrels a day the next. (giulia.petroni@wsj.com) Oil Edges Lower ...
The short-term forecast remains bearish until a bullish reversal sticks, though further downside could be limited, he adds. (joseph.hoppe@wsj.com) Palm Oil Lower on Profit-Taking, Demand Worries ...
OPEC revises its 2024 oil demand forecast, predicting slower growth due ... but the 200-day EMA at $69.89 suggests there’s still work for buyers if oil is to push higher. On the downside ...
It had earlier forecast oil demand to grow by just under 900 kb/d in 2024 and by around 1 mb/d in 2025. "The slowdown in growth from recent years reflect the end of the post-pandemic release of ...
The International Energy Agency lifted its forecast for this year’s oil-demand growth but slightly trimmed next year’s estimates, citing the impact of China’s economic slowdown on consumption.