Opec cuts 2019 oil demand growth forecast

Opec cuts 2019 oil demand growth forecast

Opec cut its forecast for global oil demand on Thursday, a move that should help build the case for continuing oil supply curbs from some of the world’s biggest producers in the second half of 2019.

Oil prices rise on likelihood of ongoing OPEC+ supply cuts

Oil prices rise on likelihood of ongoing OPEC+ supply cuts

Oil prices rose on Monday after Saudi Arabia said producer club OPEC and Russia were likely to keep withholding supplies, and in relief that the United States and Mexico averted a trade war that would have damaged the global economy.

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