LONDON (Reuters) -OPEC on Monday cut its forecast for global oil demand growth in 2024 citing softer expectations for China, a reduction that highlights the dilemma faced by the wider OPEC+ group in raising production from October. This is the first cut in OPEC's 2024 forecast since it was made in July 2023, and comes after mounting signs that demand in China has lagged expectations due to slumping diesel consumption and as a crisis in the property sector hampers the economy. In a monthly report on Monday, the Organization of the Petroleum Exporting Countries said world oil demand will rise by 2.11 million barrels per day in 2024, down from growth of 2.25 million bpd expected last month.
2 Artificial Intelligence (AI) Stocks That Could Make You a Millionaire
Taiwan Semiconductor and Alphabet are both integral pieces of AI.
How To Earn $500 A Month From Cardinal Health Stock Ahead Of Q4 Earnings
Cardinal Health, Inc. (NYSE:CAH) expects to release earnings results for its fourth quarter, before the opening bell on Wednesday, Aug. 14. Analysts expect the Dublin, Ohio-based company to report quarterly earnings at $1.73 per share, up from $1.55 per share in the year-ago period. Cardinal Health is projected to post revenue of $58.64 billion, compared to $53.45 billion a year earlier, according to data from Benzinga Pro. With the recent buzz around Cardinal Health, some investors may be eyein
Bitcoin Miner Marathon Digital Plans $250M Private Note Sale to Fund Bitcoin Buying
The notes will pay interest every six months and mature Sept. 1, 2031.
Defi Hacks Remain a Major Threat Despite 50% Decline in 2023: Halborn
The report warns that protocols should improve security by using multi-sig wallets and vetting counterparty code.
First Mover Americas: BTC Slides Ahead of Busy Data Week
The latest price moves in crypto markets in context for Aug. 12, 2024.
First Mover Americas: BTC Slides Ahead of Busy Data Week
The latest price moves in crypto markets in context for Aug. 12, 2024.