Oil prices set for weekly gain (Il Sole 24 Ore Radiocor) - Milan, 14 Jun - Meanwhile, data released today showed that French consumer prices rose 2.3% year-on-year in May, up from the 2.2% seen the previous month, but only marginally above the ECB's 2% medium-term target.

Oil prices were 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.

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(RADIOCOR) 14-06-24 13:54:42 (0335) 5 NNNN