Oil slips after IEA says OPEC+ supply cut could hurt consumers

LONDONĀ  – Oil prices edged lower on Friday after the West’s energy watchdog warned that output cuts announced by OPEC+ producers could exacerbate an oil supply deficit and hurt consumers. Brent crude futures were down 10 cents, or 0.12 percent, to $85.99 per barrel at 0820 GMT. West Texas Intermediate crude futures (WTI) slipped 5 … Continue reading Oil slips after IEA says OPEC+ supply cut could hurt consumers