IEA predicts ‘more comfortable’ year for oil market in 2022

IEA predicts ‘more comfortable’ year for oil market in 2022

PARIS: The Omicron coronavirus variant will slow the recovery in global demand for oil but the market will be “more comfortable” in 2022, the International Energy Agency said yesterday. The oil market “appears to stand on a better footing than it has for some time,” the IEA wrote in its latest monthly report. The emergence […]

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PARIS: The Omicron coronavirus variant will slow the recovery in global demand for oil but the market will be “more comfortable” in 2022, the International Energy Agency said yesterday. The oil market “appears to stand on a better footing than it has for some time,” the IEA wrote in its latest monthly report. The emergence […]