{"id":60670,"date":"2023-09-13T20:59:35","date_gmt":"2023-09-14T00:59:35","guid":{"rendered":"https:\/\/ifintechworld.com\/investing\/oil-futures-end-at-fresh-highs-for-the-year-as-opec-forecasts-a-fourth-quarter-supply-shortfall\/"},"modified":"2023-09-13T20:59:37","modified_gmt":"2023-09-14T00:59:37","slug":"oil-futures-end-at-fresh-highs-for-the-year-as-opec-forecasts-a-fourth-quarter-supply-shortfall","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=60670","title":{"rendered":"Oil futures end at fresh highs for the year as OPEC forecasts a fourth-quarter supply shortfall"},"content":{"rendered":"<div id=\"js-article__body\" itemprop=\"articleBody\" data-sbid=\"WP-MKTW-0002492717\">\n<div class=\"snippet__body\">\n<p>Oil futures climbed Tuesday, with expectations that output cuts by major producers will lead to a global crude supply shortfall in the fourth quarter prompting prices for the commodity to settle fresh highs for the year. <\/p>\n<p>Traders also awaited further hints on the outlook for global energy demand, with a reading on U.S. inflation and a European central bank decision on interest rates due out this week.  <\/p>\n<h2>Price action<\/h2>\n<h2>Market drivers<\/h2>\n<p>A&#8230;\n      <\/p>\n<\/p><\/div>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.marketwatch.com\/story\/oil-prices-climb-eyeing-highest-settlement-since-november-as-u-s-inflation-report-looms-dee53773?mod=investing\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil futures climbed Tuesday, with expectations that output cuts by major producers will lead to a global crude supply shortfall in the fourth quarter prompting prices for the commodity to settle fresh highs for the year. Traders also awaited further hints on the outlook for global energy demand, with a reading on U.S. inflation and [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":58904,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[239],"tags":[83],"class_list":["post-60670","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-investing","tag-featured","post_format-post-format-video"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Oil futures end at fresh highs for the year as OPEC forecasts a fourth-quarter supply shortfall | iFintechWorld<\/title>\n<meta name=\"description\" content=\"Oil futures climbed Tuesday, with expectations that output cuts by major producers will lead to a global crude supply shortfall in the fourth quarter\" \/>\n<meta name=\"robots\" content=\"index, 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