IEA Cuts Oil Demand Outlook as WTI Sinks Over 3%
Oil futures dropped sharply, with WTI falling 3.5% to $98.92 as prices retreated from four-month highs. Downward momentum was driven by the IEA's monthly report, which lowered demand expectations, pr…
Market context
Energy Market Pullback news
Follow the story. See which markets it affects. Explore the context.