IEA Cut Oil Demand Expectations for 2025
The International Energy Agency (IEA) announced that the global oil demand growth forecast for 2025 has been revised down to 730,000 bbl/d, decreasing by 300,000 bbl/d from the March report.
The International Energy Agency (IEA) announced that the global oil demand growth forecast for 2025 has been revised down to 730,000 bbl/d, decreasing by 300,000 bbl/d from the March report.
OPEC has cut its 2019 global oil demand growth forecasts for the third straight month, citing trade disputes and volatile emerging markets, particularly in key consuming countries.
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