IEA Raises Oil Supply Forecasts as U.S. Producers Counter OPEC+ Cuts

The IEA said it expects oil supplies to rise by 1.5 million barrels a day next year but moderated its demand expectations, pointing to a more balanced oil market that could cap oil prices. #press

https://www.wsj.com/articles/iea-raises-oil-supply-forecasts-as-u-s-producers-counter-opec-cuts-a38d5e71?utm_source=press.coop

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