Thursday Ends in Index Declines | Wall Street Today
ConocoPhillips Hits 17-month Low
Market Falls Thursday, Producer Inflation Grows, and Tech Pulls Back From Records | LiveStock
Insiders At ConocoPhillips Sold US$10m In Stock, Alluding To Potential Weakness
Crude Oil Jumps Back Above $70 as US Inventories Fall to Lowest Level
IEA Monthly Report: Even if OPEC+ delays production increases, there will still be an oversupply of oil next year!
The IEA stated that if OPEC+ implements the production recovery plan starting in April, the Global market will face a surplus of 1.4 million barrels per day. The IEA has raised the forecast for global oil demand growth in 2025 by 90,000 barrels to 1.1 million barrels, mainly due to the economic stimulus measures recently announced by China.
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