IEA forecast News

Global Oil Demand in 2025 Faces Significant Downturn as IEA Slashes Forecasts

The International Energy Agency (IEA) has revised its 2025 global oil demand forecast downward, indicating significant changes in energy consumption trends and market expectations....

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

Oil Prices Stabilize Amid IEA Forecast and Rate Cut Hopes

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...