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Historically, global oil demand averaged 1.4 million barrels per day (mb/d) prior to COVID-19. In its September report, OPEC downgraded its demand growth forecast for 2024 to 2.0 mb/d and 1.7 mb/d for 2025, with supply growth projections of 1.2 mb/d in 2024 and 1.1 mb/d in 2025. However, recent developments, including Chinese economic stimulus measures and ...
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Roughly 35 miles off the east coast of Montauk, New York, 12 turbines gently spin in the wind at Orsted’s newly developed South Fork Wind farm. The project, which connected to the grid earlier this year, is the first commercial-scale offshore wind farm in the U.S., providing enough power for 70,000 homes annually. It’s a needed bright spot for the U.S. ...
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video More than 60 people have been injured, several of them critically, in a drone attack in northern Israel, according to first responders. There were no immediate official reports of deaths from the attack, but the high number of injuries reported makes the attack one of the bloodiest since the war started last October. The news comes after Hezbollah ...
Date | 2:11am | Impact | Detail | Actual | Forecast | Previous | Graph | ||
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2:11am | Actual | ||||||||
Mon Oct 14 | |||||||||
Mon Oct 14 | 14th-15th | CH New Loans | 1090B | 900B | |||||
Tentative | IN Trade Balance | -24.2B | -29.7B | ||||||
Tentative | OPEC Monthly Report | ||||||||
9:00am | RU Trade Balance | 9.0B | 8.7B | ||||||
Tentative | CH Trade Balance | 651B | 649B | ||||||
Tentative | CH USD-Denominated Trade Balance | 91.5B | 91.0B | ||||||
Tue Oct 15 | |||||||||
Tue Oct 15 | 4:00am | Oil Market Report | |||||||
5:00am | EZ Industrial Production m/m | 1.8% | -0.3% | ||||||
Tentative | IEA World Energy Outlook | ||||||||
8:30am | CA CPI m/m | -0.2% | -0.2% | ||||||
US Empire State Manufacturing Index | 3.4 | 11.5 |