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WTI Crude Falls 2.43% to $81.25 on August 13 as IEA Raises Global Demand Decline Forecast

2026-08-13 21:37:36

CL0.34%

According to data from the New York Mercantile Exchange, WTI crude oil futures for September delivery fell 2.43% to $81.25 per barrel on August 13, while Brent crude for October delivery declined 2.15% to $87.07 per barrel. The International Energy Agency raised its forecast for global crude oil demand decline this year to 1.6 million barrels per day on average, up 51% from its July estimate. The agency also increased its projection for oil supply decline to 4.3 million barrels daily, 600,000 barrels more than previously forecasted.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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