WTI struggles near $82 after IEA warns of risks to global economic recovery
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In its latest oil market report published on Friday, the International Energy Agency (IEA) said that “OPEC+ supply cuts risk aggravating expected oil supply deficit in H2 2023,” which could lead to high prices that will hurt consumers and threaten economic growth.
WTI is struggling near the $82 mark after IEA’s oil market outlook. The US oil is losing 0.41% on the day.
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