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Oil Demand
Posted 15/05/2025

IEA Forecasts Slower Oil Demand Growth amid Economic Challenges and EV Boom

The International Energy Agency (IEA) stated on Thursday that challenges in the global economy,...

Posted 13/05/2025

Commodities Reap Gains amid Easing Trade Tensions between US and China

Following the successful trade negotiation between the U.S. and China, the trade war that...

Posted 12/12/2024

OPEC Cuts 2024 Oil Demand Growth Forecast for Fifth Consecutive Month

On Wednesday, OPEC slashed its 2024 oil demand growth prediction down for the fifth...

Posted 15/05/2024

IEA Lowers 2024 Oil Demand Growth Projection amid Slowing Demand from OECD Countries

The International Energy Agency (IEA) has reduced its forecast for the growth of oil...

Posted 11/08/2023

Global Oil Demand Hits Record in June; IEA Warns August Could Bring Another Price Peak

Global Oil Demand Hits Record in June; IEA Warns Prices Could See Another Peak...

Posted 14/06/2023

IEA Expects Global Oil Demand to Peak at 2028 as Energy Transition Accelerates

The International Energy Agency estimates global oil demand to peak before the end of...

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