WTI eases from daily highs near $87 on IEA’s oil market report
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In its latest oil market report, the International Energy Agency (IEA) said that OPEC+ cuts will sharply reduce a much-needed build in global oil stocks.
WTI is retreating from daily highs of $86.86 on IEA’s gloomy outlook on global oil demand. The US oil is trading at $86.57, still adding 0.70% on the day.
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