Oil down 1% as IEA cuts demand forecast

Upworthy

16 Apr 2025 0 shares 1 views

Oil down 1% as IEA cuts demand forecast

Upworthy

Published 16 Apr 2025

Crude oil prices declined by over 1% on Wednesday after the International Energy Agency (IEA) significantly lowered its 2025 demand outlook, projecting growth at its weakest level in five years and ca...

Full Article

IEA Cuts Oil Supply Estimate on Lower U.S. and Venezuelan Output

Global oil supply is set to rise by 1.2 million barrels per day (bpd) this year, lower by 260,000 bpd than the growth expected last..

OilPrice.com 15 Apr 2025

IEA Slashes Oil Demand Growth Forecast as Trade Wars Escalate

Global oil demand is expected to grow by just 730,000 barrels per day (bpd) this year amid escalating trade tensions, the..

OilPrice.com 15 Apr 2025

Oil down 1% as IEA cuts demand forecast

Oil down 1% as IEA cuts demand forecast

You might like

Related news coverage

IEA Cuts Oil Supply Estimate on Lower U.S. and Venezuelan Output

IEA Slashes Oil Demand Growth Forecast as Trade Wars Escalate

Advertisement