IEA raises 2024 oil demand forecast

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, cushioning prices against turmoil in the Middle East and beyond, the International Energy Agency said.
EIA slightly raises US, global oil production forecasts
Both U.S. and global oil production are set to rise to slightly larger record highs this year than prior forecasts, the U.S. Energy Information Administration said on Wednesday.
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.
IEA Raises 2024 Oil Demand Projection, Trims Next Year's
KEY TAKEAWAYS The International Energy Agency (IEA) raised its projection for 2024 oil demand growth but trimmed its forecast for next year, citing China's slowing economy.The IEA said oil demand is forecast to grow by around 920,
IEA sees 2025 oil market in supply surplus
The world's demand for oil will fall short of supply by more than 1 million barrels per day (bpd) in 2025 even if OPEC+ cuts remain in place, the International Energy Agency (IEA) said in its monthly oil market report on Thursday.
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,
China's weak economy and record US production will lead to a surplus of one million barrels of oil a day next year, IEA says
Oil markets are facing a supply glut, with non-OPEC producers on track expand production by 1.5 million barrels of oil a day, ...
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Oil prices trade at 2-week lows on bets for a demand slowdown, supply surplus
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