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2024 global oil demand to rise by 1.61 million barrels per day, down from 1.82 million barrels per day last month
Despite the group's efforts in limiting supply, Brent crude has mostly stayed in a $70-$80 per barrel range this year
Brent crude futures for January delivery increased by 15 cents, or 0.2 percent, reaching $73.45 a barrel
As of 05:02 GMT, Brent crude futures rose by 29 cents, or 0.4 percent, reaching $71.33 a barrel
The International Energy Agency expects global oil supply to exceed demand in 2025 even if OPEC+ output cuts remain in place
Brent oil futures for January delivery decreased by 0.1 percent, settling at $72.23 per barrel
Brent oil price will average $75 per barrel in the fourth quarter of 2024 and over 2025-2027, which will be helpful for most GCC countries
Brent futures had climbed by 17 cents, or 0.24 percent, reaching $72.06 a barrel
Investors are focusing on upcoming inflation data for clues on how the economy may shift after the election resultsÂ
Brent oil futures for January increased by 0.2 percent, reaching $71.95 a barrel
Brent oil futures for January dropped 0.2 percent to $73.72 per barrel
January Brent oil futures slipped 0.3 percent to $75.44 per barrel
