IEA cuts oil demand growth forecast to 900k bpd in ’24
The International Energy Agency (IEA) revised its global oil demand growth projections following a notable…
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global oil demand
Asia’s crude oil imports hit two-year low
Asia's crude oil imports fell to their lowest level in two years in July, driven by weak demand in China and a…
Oil prices rebound as US inventories drop
Oil prices bounced back on Wednesday driven by a decline in US crude inventories and growing supply concerns due to…
IEA: Oil markets to stay well-supplied until ’30
Oil markets will supplied until 2030, though maintaining a strong focus on energy security remains crucial amid…
Oil remains within narrow trading range on Wednesday
Oil remained within a narrow trading range on Wednesday as the International Energy Agency (IEA) revised down its…
IEA trims global oil demand outlook
The International Energy Agency (IEA) reported a softening outlook for global oil demand growth this year,…
India to surpass China as main driver of global oil demand in ’30
India is expected to be the biggest contributor of global oil demand growth from 2023 to 2030, surpassing the…
OPEC expects global oil demand at 1.8 mb/d in 2025
The global oil demand growth is expected to see a robust increase of 1.8 million barrels a day (mb/d) in 2025,…
Oil prices increase amid weak dollar, on hopes for OPEC+ output cuts
Oil prices increased on Tuesday amid a weak dollar, and expectation that OPEC+ group would extend output cuts.
IEA cuts 2024 global demand oil growth forecast – OMR report
The International Energy Agency (IEA) downgraded the global oil demand growth forecast to 880,000 barrels per day…
