future demand – Market-Tracker

Crude price falls due to weaker demand outlook and reduced supply disruption

Mahalakshmi@fastura.com1 month ago01 mins

Crude prices were down 0.65% to settle at 5,839, as concerns over future demand and fears of supply disruptions weighed on the market. Both the Organization of the Petroleum Exporting Countries (OPEC) and the International Energy Agency (IEA) have cut their forecasts for global crude demand in 2024 and 2025. Weak economic data from China,…

Copper prices are increasing because of strong long-term demand and limited supply

Mahalakshmi@fastura.com6 months ago01 mins

Copper prices rose by 1.58% to 883.5 due to increasing demand and tightening supply, raising concerns about potential shortages. The metal’s crucial role in electrification and its use in AI and automation infrastructure has led to optimistic forecasts about its future demand. Despite soaring prices, China’s continued importation of ore signals sustained demand from manufacturers,…

Tag: future demand

Crude price falls due to weaker demand outlook and reduced supply disruption

Copper prices are increasing because of strong long-term demand and limited supply

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