The IEA has lowered its global oil demand growth forecast for 2024 to 900,000 bpd, down from the previous estimate of 2.1 million bpd, primarily due to a significant slowdown in Chinese oil ...
The International Energy Agency (IEA) has cut its 2024 oil demand growth forecast by 70,000 barrels per day (bpd), or about 7 ...
In its monthly oil market report published on Thursday, the International Energy Agency (IEA) cut 2024 global oil demand growth forecast to 903,000 barrels per day (b/d) from 970,000 b/d. China ...
Global demand for oil is slowing "sharply", the International Energy Agency said on Thursday, as it trimmed annual growth forecasts.
OPEC on Tuesday cut its forecast for global oil demand growth in 2024 reflecting data received so far this year and also ...
Global oil demand ... restricting growth in domestic air travel, the IEA said. Outside of China, it added, "oil demand is tepid at best". For the full year, global oil demand is forecast to ...
Global oil demand growth continues to decelerate, with first-half 2024 gains of 800,000 b/d y-o-y being the lowest since 2020, according to IEA data ... throughputs are forecast to increase ...
Despite months of geopolitical tensions in the Middle East and growing signs of slowing demand from China, oil prices barely ...
Oil prices declined due to perceived global economic slowdown and conflicting supply/demand forecasts from EIA, IEA ... growth forecasts going forward. The headline 2.4 mb/d production growth ...
The Organization of the Petroleum Exporting Countries slightly cut its forecast for oil-demand growth after delaying its planned output hikes last week in a bid to support sinking prices.
"Outside of China, oil demand growth is tepid at best," the report said. The IEA left its 2025 demand growth forecast unchanged at 950,000 bpd and said the market could be oversupplied if OPEC+ ...
As a result, the IEA now expects global oil demand to reach 900,000 bpd in 2024 - a cut of 70,000 bpd on its July forecast - and ... the 1m bpd average pace of growth over the preceding 12 months.