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Five Key Charts to Watch in Global Commodity Markets This Week
WTI Holds Steady Near $68.50, Renewed US Dollar Demand Might Cap Its Upside
IEA: Crude oil demand growth in 2024 may be halved, with a surplus of over one million barrels of crude oil expected every day next year.
In terms of demand, the IEA expects that this year, global oil consumption will increase by 0.92 million barrels per day, which is less than half of the growth rate in 2023. By 2025, demand will grow by 0.99 million barrels per day. However, the IEA predicts that supply growth will continue, with production from countries such as the usa, Brazil, Canada, and Guyana increasing by 1.5 million barrels per day this year and next.
WTI Crude's Bounce Not Enough To Break Bearish Bias, Says RHB
Crude Oil Trades Stuck at $68 Level Ahead of API Stockpile Data
Oil Inches Higher But Demand Outlook Weighs on Sentiment -- Market Talk
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103255820 : Wah v diversified portfolio there
leoneday : Yang's purchase is a bit aggressive.
103798718 : Should have YOLO and all in on $Futu Holdings Ltd (FUTU.US)$, yesterday top gainer at 11%, went on a run from $57 to above $100 in a short time