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Oil prices slip as OPEC cuts demand forecast; Iran war keeps supply risks alive

Times of India

BusinessTimes of India·Aug 13, 2026·1 min read

Oil prices slip as OPEC cuts demand forecast; Iran war keeps supply risks alive

Oil prices have witnessed a decline due to lowered global demand forecasts and a notable increase in US inventories. Both OPEC and the IEA have adjusted their oil demand growth projections downward for the near future. Ongoing tensions in…

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