Commodities

Oil Futures Settle Lower As IEA Forecasts Drop In Energy Demand

Crude oil prices drifted lower on Thursday amid concerns about outlook for energy demand after a report from the International Energy Agency (IEA) said oil demand growth will likely slow down in the second half of the year.

West Texas Intermediate Crude oil futures for September ended down by $0.16 or about 0.2% at $69.09 a barrel.

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by RTTNews Staff Writer

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