Crude oil falls 4% as IEA surplus forecast outweighs Iran-Israel conflict risks

October 15, 2024
Uncategorized

Crude oil futures fell over 4% after the IEA forecasted a global oil surplus in 2024, overshadowing supply risks from the Israel-Iran conflict. Brent crude declined 4.8%, WTI dropped 4.9%.

Crude oil falls 4% as IEA surplus forecast outweighs Iran-Israel conflict risks

Leave a ReplyCancel Reply

RITES secures $20.6 million international order for diesel electric locomotives

Cement, metals, banks: Dharmesh Kant’s playbook for the next 6–9 months

WeWork India Q3 Results: Stock recovers from initial drop as profit expands despite higher costs

Onesource Specialty Pharma shares tank 18% after semaglutide delay hurts Q3 performance

Wockhardt antibiotic Foviscu successfully met primary endpoint in phase 3 clinical trial