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Slowing sharply
- Global oil demand growth is “slowing sharply” as China’s economy cools, pushing prices to a three-year low, the International Energy Agency said. World consumption increased by 800,000 barrels a day in the first half of the year, barely a third of the expansion in the same period of 2023, the adviser to major economies said in a monthly report.
www.bloomberg.com/news/articles/2024-09-12/world-oil-demand-growth-is-slowest-since-pandemic-as-china-cools-iea-saysWorld Oil Demand Growth Is Slowest Since Pandemic as China ...
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Sep 12, 2024 · Global oil demand growth is slowing sharply from its post-pandemic rates, as already forecast in the OMR for some time. Reported monthly data covering 80% of global oil demand during the first half of 2024 confirm the steep decline in the rate of growth in oil consumption, which we have been projecting since our first forecast for 2024 was ...
- Growth in global oil demand is set to slow significantly by 2028
Growth in the world’s demand for oil is set to slow almost...
- Slowing demand growth and surging supply put global oil ...
New IEA medium-term outlook sees comfortably supplied oil...
- Growth in global oil demand is set to slow significantly by 2028
Jun 14, 2023 · Growth in the world’s demand for oil is set to slow almost to a halt in the coming years, with the high prices and security of supply concerns highlighted by the global energy crisis hastening the shift towards cleaner energy technologies, according to a new IEA report released today.
1 day ago · Global oil demand was expected to increase by about 0.8 million-1.2 million barrels per day in 2024 and by 1 million-1.5 million bpd in 2025, the poll showed. Earlier this month, ...
Jun 12, 2024 · New IEA medium-term outlook sees comfortably supplied oil markets to 2030, though unwavering focus on energy security will remain crucial as powerful forces transform sector. Growth in the world’s demand for oil is expected to slow in the coming years as energy transitions advance.
Dec 14, 2023 · The International Energy Agency on Thursday said evidence of softening global oil demand is mounting and a slowdown is expected to continue into 2024, reaffirming a starkly different outlook ...
Jun 14, 2023 · June 14, 2023. World demand for oil is likely to drop off sharply over the next five years, the International Energy Agency said Wednesday, as a shift to electric vehicles and other cleaner...
Jun 12, 2024 · Growth in the world’s demand for oil is expected to slow in the coming years, as energy transitions advance. At the same time, global oil production is set to ramp up, easing market strains...
