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Home Business

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

12 December 2024
in Business
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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Tags: comfortablyfallglobalIEAMarketoilpricesseessuppliedyear
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