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Tuesday, December 24, 2024

High fuel prices are dampening demand more than expected but the oil market is ‘walking a tightrope,’ IEA says

Listen to The Refresh: Insider’s real-time news podcast. High gas prices are pushing down demand in developed countries more than expected while the oil market remains in flux, the International Energy Agency said Wednesday. Demand slowed by 1.6 million barrels per day in April for the OECD block, …

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