Oil prices end lower as IEA sees global market ‘comfortably supplied’ next year

Oil prices ended a bit lower on Thursday, putting an end to a three-session streak of gains, after the International Energy Agency lowered its global oil-demand growth estimate for this year and said the market looks “comfortably supplied” for 2025.

Dec 12, 2024 - 12:45
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Oil prices end lower as IEA sees global market ‘comfortably supplied’ next year
Oil prices ended a bit lower on Thursday, putting an end to a three-session streak of gains, after the International Energy Agency lowered its global oil-demand growth estimate for this year and said the market looks “comfortably supplied” for 2025.

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