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IEA forecast News

Global Oil Demand Set to Rise: IEA Forecasts 1.1M bpd Growth by 2025

Christopher Adams 14 Feb, 2025

The International Energy Agency forecasts a growth in global oil demand to 1.1 million bpd by 2025, with China, India, and Other Asia leading the increase. Global oil supply is als...

Business

Oil Prices Stabilize Amid IEA Forecast and Rate Cut Hopes

Olivia Carter 13 Dec, 2024

Oil prices stayed steady as markets balanced IEA's ample supply forecast against hopes for a Federal Reserve rate cut. Brent and WTI crude futures saw minor declines, influenced by...