IEA Cut Oil Demand Expectations for 2025

• Wednesday, 16th April 2025
• by Fatma Ahmed

The International Energy Agency (IEA) announced that global oil demand growth forecast for 2025 has been revised down to 730,000 barrels per day (bbl/d), a decrease of 300,000 bbl/d from the March report. The agency s...

OPEC’s 2019 Oil Demand Growth Forecast Falls Again

• Sunday, 14th October 2018
• by Editorial Team

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, Reuters reported. The monthly report...