Oil prices ticked higher on Wednesday on upbeat global demand views from the US Energy Information Administration and OPEC. Brent crude futures rose 11 cents, or 0.1%, to $82.04 a barrel, while US West Texas Intermediate (WTI) crude futures gained 18 cents, or 0.2%, to settle at $78.10. The EIA raised its 2024 world oil demand growth forecast to 1.10 million barrels per day from a previous estimate of 900,000 bpd, while the Organization of the Petroleum Exporting Countries (OPEC) maintained its 2024 forecast for relatively strong growth in global oil demand. Source: Qatar News Agency
Related Articles
Global Youth Unemployment Rate Falls to Lowest Level in 15 Years
The International Labor Organization said in a report published Monday, that the global youth unemployment rate fell to its lowest level in 15 years last year and is likely to continue falling until 2025.
The organization stated that the youth unempl…
Microsoft to invest 4 bln euros in France
Microsoft announced on Sunday investing four billion euros in the artificial intelligence (AI) sector and developing data centers around France.
This came during President Emmanuel Macron’s visit to Microsoft’s headquarters, before heading “Choose Fr…
Financial Market Analyst to QNA: QSE Index Set to Surpass 11,000 Points, Driven by Corporate Earnings, Economic Resilience
Doha: The Qatar Stock Exchange (QSE) index closed this week with a 0.42 percent increase, adding 44.02 points to reach 10,509 points, compared to last week’s close. The rise was supported by gains in four sectors, led by the banking and financial serv…