IEA slightly lowers 2025 oil demand growth forecast but sees overall rise due to economic recovery.

The International Energy Agency (IEA) has slightly reduced its forecast for global oil demand growth this year. Despite this adjustment, the IEA still anticipates a robust increase in oil consumption compared to last year. This outlook reflects ongoing economic recovery and rising energy needs, though uncertainties like geopolitical tensions and economic volatility continue to influence the oil market.

2 months ago
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