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IEA raises 2024 oil demand forecast
IEA Raises 2024 Oil Demand Projection, Trims Next Year's
The International Energy Agency (IEA) on Thursday raised its projection for 2024 oil demand growth but trimmed its forecast for next year, citing China's slowing economy.
IEA raises 2024 oil demand forecast, sees surplus looming in 2025
Global oil demand is expected to expand by 920 kb/d this year, the International Energy Agency said on Thursday, while it expects global supply to exceed consumption by more than 1 mb/d next year, primarily due to a slowdown in China's economy.
Oil News: IEA Forecasts 2025 Supply Surplus, Bearish Outlook for Oil Prices
Oil prices steady as IEA forecasts 2025 surplus; strong dollar and rising U.S. output add bearish sentiment to crude market outlook.
World faces oil surplus in 2025 on weak demand, IEA says
Global oil supply will exceed demand in 2025 even if Opec+ cuts remain in place, the International Energy Agency (IEA) said on Thursday, as rising producti..
IEA Lifts 2024 Oil Demand Forecast But Trims 2025 Projections
The International Energy Agency raised its forecast for this year’s oil-demand growth but slightly trimmed next year’s estimates, citing the impact of China’s economic slowdown on consumption.
IEA Raises 2024 Global Oil Demand View, Sees Supply Exceeding Demand Next Year
The International Energy Agency on Thursday increased its 2024 global oil demand outlook as consumption in advanced economies rebounded in the third quarter. World oil demand is now expected to grow by 920,
3h
on MSN
Oil prices consolidate after sinking on surging dollar; IEA sees 2025 crude glut
Oil futures edge higher Thursday, consolidating after slumping in the face of a surging U.S. dollar, as investors weighed a ...
5h
Quarterly gasoil uses rises, but future demand set to be weak, says IEA
Lower prices helped to drive higher-than-expected OECD gasoil use in the third quarter, driving up overall oil demand, but ...
11h
Global Oil Market Faces a Million-Barrel Glut Next Year, the IEA Says
Global oil markets face a surplus of more than 1 million barrels a day next year as Chinese demand continues to falter, ...
InvestmentNews
7h
Oil prices constraint in 2025 as IEA predicts daily 1M barrel glut
Global oil markets face a surplus of more than 1 million barrels a day next year as Chinese demand continues to falter, ...
Crude Oil Prices
6h
IEA Warns of Oil Market Surplus Amid Weak Demand in 2025
Tsvetana is a writer for Oilprice.com with over a decade of experience writing for
news
outlets such as iNVEZZ and SeeNews.
businessday
20h
Global oil markets to face 1m glut as Chinese demand slows, IEA reports
Global oil markets are expected to experience a surplus of more than 1 million barrels per day (bpd) next year, as weakening ...
The Economist
5h
The energy transition will be much cheaper than you think
Greening the world economy will be much cheaper than the two groups imagine. The Economist has looked at estimates of the global cost of an “energy transition” to a zero-emissions world from a range ...
energy.economictimes.indiatimes
16h
India signs MoU with IEA for cooperation on critical minerals
The MoU aims to strengthen India’s decision-making capabilities and support strategic resource management in the critical ...
3d
on MSN
‘Nobody can take solar or wind hostage’: IEA chief on creating a secure energy supply
The more we go for clean energy, the more resistant we are to global conflicts because nobody can take solar or wind as a ...
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