The Story
News Summary
- The IEA projects a 2.5 million barrel-per-day decline in oil demand this year due to the U.S.-Iran conflict, rivaling losses seen during the 2008–2009 financial crisis.
- Analysts warn that global demand may not recover until 2027, with portions of demand destruction likely becoming permanent.
Explore WTI price history & advisor snapshot
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Stored market data
WTI price history
100.05
+69.03% over the displayed period
Advisor Snapshot
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