Commodities

Oil supply set to overtake demand - IEA

By Abigail Townsend

Date: Wednesday 19 Jan 2022

(Sharecast News) - Oil supply is on track to outstrip demand, the International Energy Agency forecast on Wednesday, with the Omicron variant having only a "muted" impact on demand.
Publishing its monthly report, the Paris-based organisation lifted its oil demand estimate for 2022 by 200,000 barrels per day.

But it...

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