OIL INCREASES AS IEA INCREASES 2022 DEMAND FORECASTS
OIL INCREASES AS IEA INCREASES 2022 DEMAND FORECASTS Oil prices in international markets increased by more than $2 on Thursday. The rise was observed as the oil demand growth forecast was raised by International Energy Agency for this year. The oil demand growth forecast is also dependent on increasing natural gas prices. The more the prices of a natural gas increase, the more people will switch to oil. “The prices…