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Oil Prices Threaten Economy as Demand Growth Slows, IEA Says.

  • Periodical
  • 7/13/2022, p117-117. 1p.
  • (Bloomberg) -- Oil prices pose a high risk to the global economicrecovery, with signs that fuel costs are starting to "take their toll"on demand growth, the International Energy Agency said. With the softened outlook for demand, and stronger forecasts forsupplies outside OPEC, world oil stockpiles ought to replenish somewhatin the second half of the year, the IEA said. [Extracted from the article]
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