Trade Tensions Lead IEA to Slash 2024-2025 Oil Demand Forecast
The IEA has marginally downgraded its oil demand growth forecast for late 2024 and early 2025 to around 1.2 mb/d, attributing the adjustment to emerging trade tensions following th...
oil demand forecast News
OPEC Adjusts 2025 Oil Demand Forecast to 1.3M bpd Amid Global Economic Shifts
OPEC revises its 2025 global oil demand growth forecast down to 1.3 million bpd, citing Q1 data and US tariffs. OECD and non-OECD countries show varied growth rates, with a continu...
IEA Downgrades 2025 Oil Demand Outlook Amid Changing Global Dynamics
The International Energy Agency has adjusted its 2025 global oil demand growth forecast to 1.05 million bpd, citing factors like lower fuel prices and colder weather. It also expec...
