Oil prices rise on bullish demand forecast and weaker dollar, with Brent futures nearing $77 and WTI crude reaching $72. The International Energy Agency predicts a 1.1 million bpd increase in global oil consumption for 2024. Improved liquidity conditions and lower borrowing costs contribute to the surge.
China's Economic Rebound Fuels Record-High Global Oil Demand. Despite concerns, OPEC+ cuts and strong demand support prices. Will China's recovery continue to meet expectations?
India, with its swelling population, will soon become the largest driver of global oil demand, but there's hope. The country can become a world leader in green hydrogen production, using cheap renewable energy sources like solar to generate electricity and produce hydrogen. Don't miss the chance to be at the center of global energy affairs!
China's Economic Rebound Fuels Record-High Global Oil Demand. Despite concerns, OPEC+ cuts and strong demand support prices. Will China's recovery continue to meet expectations?
Oil prices rise on bullish demand forecast and weaker dollar, with Brent futures nearing $77 and WTI crude reaching $72. The International Energy Agency predicts a 1.1 million bpd increase in global oil consumption for 2024. Improved liquidity conditions and lower borrowing costs contribute to the surge.