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Home Stocks And Finance

OPEC predicts peak oil demand is not expected until 2050, according to outlook (NYSEARCA:USO)

September 24, 2024
in Stocks And Finance
Reading Time: 2 mins read
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Crude Oil Rises Amid Hopes of Fed Rate Cut, Overcoming Demand Concerns (NYSEARCA:USO)
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Sep. 24, 2024 7:30 PM ET
United States Oil Fund, LP ETF (USO), CL1:COM

UCO, DBO, UNG
, FCG, USL, SCO, UNL, BNO, BOIL, KOLD, GUSH, DRIP, USOI, CO1:COM, NG1:COM



By: Carl Surran, SA News Editor


SlavkoSereda/iStock via Getty Images

Oil futures rose for the first time in three sessions on Tuesday, as stimulus measures unveiled by China’s central bank eased at least some concerns about demand that has long weighed on price.

“The Chinese government’s announcement of its largest



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Tags: demandExpectedNYSEARCAUSOOilOPECoutlookPeakPredicts
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