Crude oil storage tanks at the Juaymah Tank Farm in Saudi Aramco’s Ras Tanura oil refinery and oil terminal in Ras Tanura, Saudi Arabia. (Photographer: Simon Dawson/Bloomberg)

IEA Says Oil Market Tightening, But Global Demand May Falter

(Bloomberg) -- Global oil markets are tightening as OPEC supply falls, the International Energy Agency said, while warning it could lower demand forecasts because of economic threats.