IEA raises oil demand forecast amid geopolitical tensions
pre-market1 source ↓written by the desknot a recommendation
- Gas trades near
- $4.21
Oil prices rose on Friday due to escalating geopolitical tensions, raising concerns about supply disruptions. The IEA increased its 2026 demand forecast while lowering supply expectations, indicating a tighter market ahead. In contrast, OPEC maintains a balanced outlook. Natural Gas trades near $4.21, facing resistance after a recent selloff.
Not investment advice. For informational purposes only.