The US West Texas Intermediate (WTI) also lost about 0.4 percent at the same time, hovering around $ 68.98 per barrel.
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The IEA said today that oil demand fell by 120,000 barrels a day in July due to the spread of the coronavirus delta mutation. At the same time, it reduced the estimate of demand growth in the entire second half of the year by half a million barrels per day.
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“The IEA report clearly indicates that we will see a weakening of demand,” said Phil Futnn, an analyst at Price Futures Group. should increase significantly this year and next.
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