Tag Archives: Oil steady after IEA says OPEC+ supply cut could hurt consumers

Oil prices edged lower on Friday after the West’s energy watchdog warned that output cuts announced by OPEC+ producers could exacerbate an oil supply deficit and hurt consumers. Brent crude futures were down 10 cents, or 0.12 per cent, to $85.99 per barrel at 0900 GMT. West Texas Intermediate crude futures (WTI) slipped 9 cents, or 0.11pc, to $82.07 a …

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