Oil Prices Face Pressure From Slow China Demand and Inventory Rise

Summary Analysts trim 2024 Brent forecast for fourth straight month OPEC cut its forecast for 2024 global oil demand growth Aug 30 (Reuters) – Analysts have lowered their 2024 oil price outlook due to weak fuel demand from leading importer China and rising inventory levels as Saudi Arabia and OPEC+ allies prepare to ease some … Read more