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The IEA Says Oil Market Rebalancing Will Take Longer Than Expected

May 27, 2023
in Trade Tube
Reading Time: 1 min read
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The International Energy Agency says ‘wobbly’ demand in Asia will lead to a longer rebalancing of the oil market than originally thought. The IEA sharply cut its global growth plans for oil. The agency downgraded its global oil demand projections by about 100,000 barrels a day. Mylan Pharmaceuticals

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