Oil market outlook from IEA and OPEC are due – ING

Market news

15 January 2025

Oil market outlook from IEA and OPEC are due – ING

It’s a fairly busy day for energy markets. IEA and OPEC will release their monthly oil market reports

with outlooks for the oil market, ING's commodity analysts Warren Patterson and Ewa Manthey note.

IEA and OPEC to release monthly oil market reports

"Both the IEA and OPEC will release their monthly oil market reports, where they will share their outlook for the oil market."

"In addition, the EIA will also release its weekly US oil inventory report. And outside of energy markets, we will get US CPI data, which may alter expectations on what the Fed may do concerning monetary policy in the months ahead."

Oil: Uncertainty over how oil supplies evolve in the months ahead – ING

DXY: Bears need softer CPI print – OCBC

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