💨 Abstract

Oil prices dropped slightly on Thursday due to expectations of higher global production and weak demand growth, with the U.S. Energy Information Administration raising its prediction for U.S. oil output this year. The Organization of the Petroleum Exporting Countries has also lowered its global oil demand growth forecast, sending prices to their lowest in nearly two weeks. A stronger U.S.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖