Oil prices little changed as OPEC sticks to demand and steady economic growth forecasts Oil prices remained stable as OPEC upheld its strong demand forecasts for 2024 and 2025, anticipating steady global economic growth. Despite a recent sell-off due to OPEC+’s decision to increase production later this year, crude oil rebounded, with U.S. crude recording its best day since February 8. Current energy prices show minor changes, with West Texas Intermediate at $77.63 and Brent at $81.54. OPEC projects oil demand to grow by 2.2 million barrels per day in 2024 and 1.8 million bpd in 2025, driven by stable economic growth and increased travel and tourism. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Gold Hits Three-Week High as Cooling Inflation Fuels Fed Rate Cut Hopes READ MORE Fed's Hesitation on Rate Cuts Sends Oil Markets Downward READ MORE Silver Achieves Major Milestone, Outpacing Gold's Gains READ MORE Inflation's Persistence Creates Dilemma for Federal Reserve READ MORE Global Recession Unlikely, Says IMF's Top Economist READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment