Mumbai, April 14 -- Crude oil futures fell yesterday after the US President Donald Trump suggested that he is still willing to engage with Iran in terms of ceasefire talk. This pulled WTI Crude oil down more than 2.50% as highs around $105 per ounce failed to sustain. An eventual break under $100 per barrel further dampened the sentiments and oil extended losses today. It currently trades down 2% at $97 per barrel. The Organization of the Petroleum Exporting Countries (OPEC) stated in its latest monthly update for April that Global oil demand growth for 2026 is forecast at 1.4 mb/d, y-o-y, unchanged from the previous month's assessment. However, in a critical update for the market, it noted that preliminary February 2026 data show that OECD...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.