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2024 forecast News

German Economy Faces Challenges: Bundesbank Forecasts 0.2% Contraction in 2024

Sarah Mitchell 13 Dec, 2024

The Deutsche Bundesbank forecasts a 0.2% contraction in the German economy for 2024, citing persistent economic headwinds and structural problems. The central bank also revised gro...

Market

IEA Adjusts Oil Demand Projections: Lower 2024, Higher 2025

Ryan Peterson 12 Dec, 2024

The IEA has revised its global oil demand growth forecasts, projecting 840,000 bpd for 2024 and 1.1 million bpd for 2025, reflecting changes in the energy market.