OPEC lowered its oil demand outlook for this year, but supply shocks pushed Brent oil close to $106.

date
14/05/2026
According to the Securities Times APP, on Thursday, the International Energy Agency issued a warning that greater volatility may occur. At the same time, OPEC has lowered its demand expectations for the year, causing oil prices to rise. The international benchmark Brent crude oil futures for July delivery rose by 0.34% to $105.99 per barrel, while the US WTI crude oil futures for June delivery rose by 0.43% to $101.45 per barrel.