International Energy Agency revises oil forecasts downward
The International Energy Agency (IEA) expects global oil demand to fall by 1.1 million barrels per day.
Published 8sem2 sources✓ ConfirmedNotable
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220 million
World reserves also dropped by 220 million barrels in April and May, according to agency fig…
The fact
World reserves also dropped by 220 million barrels in April and May, according to agency figures.
The downward revision reflects geopolitical tensions and global energy market instability.
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