Oil prices edge upwards as US predicts rising demand

clock • 3 min read

US Energy Information Administration downgrades projections for this year, but still expects global demand to rise by almost 1.5 million barrels a day

Upward pressure on global fuel prices looks set to continue, according to a new short-term oulook from the US Energy Information Administration (EIA) predicting global demand for oil will continue to recover...

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