💨 Abstract

Oil prices slightly rebounded on Wednesday due to short-covering, but were limited by a strong dollar. The rebound came after a two-week low on Tuesday due to OPEC's reduced demand forecast for 2024 and 2025. The forecast is bearish and the market is still digesting it, according to Bob Yawger, director of energy futures at Mizuho. Both U.S.

Courtesy: theprint.in

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