Commodities

Commodity Roundup: Oil up on OPEC outlook; cold spell poses risk to winter wheat crop-JPM

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Oil prices rose on Thursday bolstered by OPEC forecast of robust oil demand growth in 2025, while market participants also remained wary of geopolitical developments. OPEC, in a monthly report predicted world oil demand will rise by 1.85M bbl/day in 2025 to 106.2M

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