Demand Concerns Continue to Dominate Oil Markets ...Middle East

OILPRICE - Economy
Demand Concerns Continue to Dominate Oil Markets
source : OILPRICE ( Middle East ) () 79
Demand concerns are dominating oil markets this week, with OPEC cutting its global oil demand growth forecast for the fourth consecutive month on the back of underwhelming economic data out of China. - Immediately after Donald Trump’s re-election as US president was confirmed, clean energy stocks have plunged with solar producers such as Sunnova or First Solar plunging by 50% and 20%, respectively, in just one day. - Renewable energy developers paused several investments over the past week until there’s more policy clarity…

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