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EIA and OPEC Cut Demand Forecasts Amid China Slowdown; EIA Predicts Limited Oil Price Growth
366 Views16 Aug 2024 23:06
EIA and OPEC cut oil demand forecasts, while OPEC members exceeded supply cut targets in July. EIA foresees rising oil prices in late 2024 despite lowered demand growth estimates.
What is covered in the Full Insight:
- EIA and OPEC Lower Demand Forecasts
- Impact of Economic Slowdown in China
- Production and Supply Overview
- Crude Oil Price Projections
- Natural Gas Price Forecasts
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