Oil rises on weakening dollar, potential supply disruptions - Business News| Latest News & Reviews On Financial Markets | Themarkettrendz

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Wednesday, 14 September 2022

Oil rises on weakening dollar, potential supply disruptions

The International Energy Agency (IEA) said Wednesday it expects widespread switching from gas to oil for heating purposes, saying it will average 700,000 barrels per day (bpd) in October 2022 to March 2023 - double the level of a year ago. That, along with overall expectations for weak supply growth, also helped boost the market.

from Commodities-Markets-Economic Times
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