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March 14, 2024 6:50 PM

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Crude Oil Futures Climb on IEA Demand Growth Revision

Crude oil futures rose today, as investors digested the International Energy Agency’s (IEA) latest oil market report, in which it made a top revision for demand growth forecasts and cut its projection for non-OPEC supply in 2024.

In intra-day trade, Brent crude was trading at 84 dollars and 67 cents per barrel. West Texas Intermediate crude price was at 80 dollars and 44 cents per barrel when reports last came in.