Global oil-supply crisis shows signs of easing, says IEA

Worst oil supply crisis in decades is showing tentative signs of easing as economic growth weighs on crude demand while Russia imposes sanctions Less than expected impact on oil productionThe International Energy Agency said on Wednesday.

The Paris-based agency cut its forecast for oil demand for this year and next. Historically high prices for a barrel of oil were driving away consumers, undermining global economic growth. high inflation product And the policies of the central bank were slacking off demand, it said in its monthly oil-market report.