IEA’s Birol: May see tighter markets in 2023, more than some others may think Oil WTI Commodities China
International Energy Agency Chief Fatih Birol said on Thursday that “we may see tighter markets in 2023, more than some others may think.”Does not see tightness in the market currently but have to be aware of uncertainties.If China's economy rebounds this year as expected will see stronger demand that will pressure markets.Russian oil exports seem to be more resilient than first thought.There are questions about Russia's ability to export because of sanctions and its own challenges.
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