Latest News: Oil price steadies after IEA raises 2022 demand growth outlook #shorts #news

2 years ago
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Latest News: Oil price steadies after IEA raises 2022 demand growth outlook #shorts #news

After the International Energy Agency (IEA) raised its oil demand growth forecast for 2022 by 3,80,000 barrels per day, oil prices steadied on Thursday. Brent crude futures fell 7 cents to $97.33 a barrel, while US West Texas Intermediate crude futures eased 9 cents to $91.84. "Natural gas and electricity prices have soared to new records," the IEA said.

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#oil #demand #growth #iea #2022 #brent #crude #futures #wti #localnews

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