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

12 December 2024
in Business
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Oil prices fall as IEA sees global market ‘comfortably supplied’ next year
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Oil prices fell on Thursday as the International Energy Agency revised down its global oil-demand growth estimate for this year. The market is expected to be “comfortably supplied” until 2025, leading to a decrease in oil prices after a three-session streak of gains.

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