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

Dec 12, 2024 - 08:15
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Oil prices fall as IEA sees global market ‘comfortably supplied’ next year
Oil prices moved lower on Thursday, on track to end 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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