Radiocor News

Brent futures slightly higher, set for weekly gain

Crude oil futures up 19 cents at 82.94 usd (Il Sole 24 Ore Radiocor) - London, 14 Jun - Brent futures were slightly higher lower, with oil prices set for a weekly gain despite conflicting signals from OPEC and the IEA.

Earlier this week, OPEC reiterated its forecast for robust oil demand growth of over 2 million barrels daily this year, while yesterday the International Energy Agency slashed its oil demand growth forecast for 2024 and warned of a looming supply glut.

At 1124 GMT, crude oil futures were up 19 cents at 82.94 dollars a barrel.

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(RADIOCOR) 14-06-24 13:31:57 (0306) 5 NNNN

 


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