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Brent crude futures, expiring in October, fell 0.1 percent to $80.94 a barrel
The report expects robust demand in Western economies, especially the US, which consumes one-third of global gasoline
Brent crude oil futures for the October delivery rose 0.5 percent to $81.09 per barrel
OPEC reported that the housing, utilities, and fuels sector rose to 6.7 percent YoY in June, up from 6.6 percent in May
Global benchmark Brent crude futures dipped 78 cents, or 0.95 percent, to $81.52 a barrel
OPEC also cut next year's demand growth estimate to 1.78 million bpd from the previous 1.85 million bpd
Before last week, oil prices recorded four consecutive weeks of losses amid fears of slowing economic growth
Brent crude oil futures for October delivery fell 0.5 percent to $76.13 per barrel
Both Brent and WTI declined more than 3 percent to their lowest since January on Friday following a volatile week
OPEC+ is currently cutting output by 5.86 million barrels per day or about 5.7 percent of global demand
Brent oil futures for October delivery rose 0.4 percent to $79.84 per barrel
Brent oil futures expiring in October rose 0.5 percent to $81.24 a barrel
Brent crude futures for September delivery jumped 1 percent to $79.45 per barrel
Brent oil futures expiring in September fell 0.2 percent to $79.63 per barrel
The country's total revenue in fiscal year 2023-2024 was KWD23.645 billion
Kuwait maintained crude oil production at 2.55 million barrels per day in line with its OPEC+ production cut obligations
Brent oil futures for September delivery rose 0.1 percent to $85.52 per barrel
OPEC raised its forecast for world economic growth this year to 2.9 percent from 2.8 percent
Brent Oil Futures expiring in September rose 0.7 percent to $85.74 a barrel
Brent crude futures, which have risen 7 percent over the past four weeks, dipped slightly by 2 cents to $87.41 per barrel
Brent oil futures expiring in August rose 0.4 percent to $86.73 a barrel
Brent oil futures for August delivery dropped 0.4 percent to $84.91 per barrel
ICAEW has also lowered its 2024 inflation forecast for the GCC region to 2.2 percent this year and 2.1 percent next year
Brent oil futures expiring in August fell 0.6 percent to $82.22 a barrel
