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Oil prices slip as IEA cuts demand growth forecast

By Josh White

Date: Tuesday 15 Apr 2025

(Sharecast News) - Oil prices edged lower on Tuesday after the International Energy Agency (IEA) significantly reduced its forecast for global oil demand growth, citing mounting economic headwinds and escalating trade tensions.
The move followed a similar downgrade by OPEC, amplifying concerns over a weakening outlook for energy consumption.

The...

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