Oil jumps 1% as IEA hikes demand forecast and gas continues to surge

Oil jumps 1% as IEA hikes demand forecast and gas continues to surge

Oil prices jumped 1% on Thursday afternoon … to new records, incentivising gas-to-oil switching in some countries,… invasion of Ukraine.
While Russian crude exports to Europe, the US … to take advantage of cheap crude,” the IEA said.
Meanwhile, Russian …

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  • On August 11, 2022
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