WS #13924
IEA slashes supply forecast, OPEC cuts demand, but US-Iran ceasefire extension and Saudi output increase provide counter-pressure. Ukrainian drone strikes on Russian refineries and Novorossiysk port escalate, but Ukraine halts tanker strikes at US request.
Oil supply tight but ceasefire extension
IEA slashes supply forecast, OPEC cuts demand, but US-Iran ceasefire extension and Saudi output increase provide counter-pressure.
Ukrainian drone strikes on Russian refineries and Novorossiysk port escalate, but Ukraine halts tanker strikes at US request.