Wednesday, April 23, 2025

Tag: demand

Brent Crude Falls Below $65 as IEA Cuts Oil Demand Outlook

International oil prices fell as OPEC and IEA lowered global demand growth forecasts for this year and next, impacting market stability.

Brent Settles at $64.88 as OPEC Sees Slower Global Growth

Oil prices rose slightly as OPEC lowered its global demand growth forecast, reflecting concerns over economic uncertainty and trade disputes.

$12K Copper? Traders Bet Big on Supply Squeeze and Trump Tariff Threats

Copper prices are set to exceed $12,000 per ton due to rising demand and potential U.S. tariffs, impacting global market dynamics.

Brent Crude Dips Below $70: IEA’s Outlook for Oil Demand Pushes Prices Lower

Global oil prices fell due to IEA's concerns over weakening demand amid economic slowdown and revised growth forecasts.

Oil Prices Surge 2% as U.S. Oil Inventories Fall Short of Expectations

Oil prices surged over 2% as U.S. inventories dropped significantly, indicating stronger demand and pushing Brent above $70 per barrel.

Oil Prices Take a Nosedive: Brent Crude Oil Falls Below $70, Lowest in Three Years

Brent crude fell 3% below $70 per barrel for the first time in nearly three years, driven by OPEC's revised demand forecasts.

Japan’s Rice Demand Soars for the First Time in a Decade – What’s Behind the Surge?

The demand for rice for consumption (excluding processed rice) from July 2023 to June 2024 is expected to be 7.02 million tons.