IEA raises oil demand forecast amid OPEC's balanced outlook
after close1 source ↓written by the desknot a recommendation
- Gas trades near
- $4.21
Oil prices rose slightly on Friday due to escalating geopolitical tensions, raising supply disruption concerns. The IEA increased its 2026 demand forecast while lowering supply expectations, indicating a tighter market ahead. In contrast, OPEC maintains a balanced global outlook. Natural Gas trades near $4.21, facing resistance after a recent selloff.
Not investment advice. For informational purposes only.