Monthly oil reports from the IEA, OPEC and the EIA aren’t yet out for October, but Amrith Ramkumar and Sarah Toy, Wall Street Journal, have a nice piece, here, on world oil demand noting this:
”Oil has erased all of the rally that followed recent disruptions to Saudi Arabian output, indicating how a darkening outlook for global growth continues to tamp down fuel prices.”
And here is a look at the IEA and OPEC demand forecasts throughout the year:
Leave a Reply