Global Oil Demand Growth Slows: WTI Prices Plummet 4% Amid IEA Forecasts
WTI prices fell over 4% as the IEA predicts slower global oil demand growth for 2025 and 2026, alongside unexpected increases in US crude inventories raising supply concerns.
IEA News
Global Oil Demand Growth Projected to Slow Down by 2025, IEA Reports
The International Energy Agency forecasts a slowdown in global oil demand growth by 2025, citing trade tensions as a key factor. Meanwhile, world oil supply increases, with the US ...
Global Oil Demand to Surge by 1.1 Million Barrels Per Day by 2025, IEA Reports
The International Energy Agency forecasts a global oil demand growth of 1.1 million barrels per day by 2025, with China, India, and Other Asia leading the increase. Global supply i...
Global Oil Demand to Surge by 1.1 Million Barrels Per Day by 2025, IEA Reports
The International Energy Agency forecasts a 1.1 million bpd increase in global oil demand by 2025, with China leading the growth despite a reduced share. Global oil supply is also ...
Global Oil Demand Concerns Push Crude Prices Down by 1%
Crude oil prices fell on Tuesday as the IEA and OPEC cut their 2024 global oil demand growth forecasts, causing investor concerns. The market also awaited the Federal Reserve's mon...
2025 Oil Demand Surge Sparks 1% Price Rise
Crude oil prices rose as the IEA revised its global oil demand growth forecast, projecting a significant uptick in 2025. WTI and Brent crude saw increases of 1.16% and 1.10% respec...
Oil Prices Rise Amid US Inflation Data and IEA Demand Forecast
Oil prices increased due to U.S. inflation data and IEA's revised oil demand outlook, signaling potential Federal Reserve interest rate cuts and resilient global oil demand.
