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Tuesday, November 14, 2023

Oil markets less tight than expected as supply climbs

Oil markets less tight than expected as supply climbs https://ift.tt/mifBjAp IEA boosted forecasts for world fuel consumption this year on surprising strength in China, and still anticipates a supply shortfall during the fourth quarter. But it will be roughly 30% smaller than previously projected, at about 900,000 barrels a day.

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