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IEA Expects Comfortable Oil Markets, Moderate Prices in 2024

Oil supply increases from the Americas will be more than enough to meet demand growth this year, putting downward pressure on oil prices this year in the absence of a major geopolitical escalation in the Middle East, the International Energy Agency’s (IEA) Executive Director Fatih Birol told Bloomberg on Tuesday.

IEA Expects Comfortable Oil Markets, Moderate Prices in 2024

Published on

February 26, 2024

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