Market Insight: Oil prices rise on second-half demand optimism

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Published Jun 13, 2024

Oil prices rose after a glut of new analysis suggested that oil inventories will fall over the next six months, but the International Energy Agency says stocks will rise in the longer term ahead of peak oil demand in 2029. Viktor Katona, head of oil analysis at Kpler, gives Reuters a sense of the market dynamics and what it means for oil prices.

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Market Insight: Oil prices rise on second-half demand optimism | REUTERS

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