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OPEC has lowered its 2024 oil demand growth forecast to below 2 million bpd, while the IEA projects even lower demand growth at under 1 million bpd
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
January Brent oil futures climbed 0.5 percent to $75.28 a barrel
January Brent oil futures had decreased by 0.2 percent to $74.93 per barrel
The group is currently cutting 5.86 million barrels per day of output, equal to about 5.7 percent of global demand
Brent futures had risen by $1.18 per barrel, translating to a 1.61 percent increase, reaching $74.28 per barrel
Brent crude futures, now reflecting the January contract, increased by $1.41, or 2 percent, reaching $74.22 a barrel
Brent crude futures were up by 47 cents, or 0.65 percent, reaching $73.02 a barrel
Brent crude futures increased by 95 cents, or 1.27 percent, reaching $75.91
Brent crude futures had risen by 8 cents, or 0.1 percent, to $74.53 a barrel
World Bank expects the UAE's inflation to reach 2.2 percent this year and decline to approximately 2.1 percent through 2025-2026
