At the same time, the IEA raised its outlook for Russian oil supply by 500,000 bpd for the second half of 2022, as the country's output had proven more resilient than expected despite sanctions over the Ukraine conflict. However, the IEA said OPEC would struggle to boost production.
from Commodities-Markets-Economic Times
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Friday 12 August 2022
Oil prices on track for weekly gain as recession fears ease
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