The International Energy Agency (IEA) said on Thursday economic headwinds combined with record sales of electric vehicles will reduce global oil demand growth to 650,000 barrels per day for the ...

LONDON : The International Energy Agency (IEA) said on Thursday economic headwinds combined with record sales of electric vehicles will reduce global oil demand growth to 650,000 barrels per day ...

The IEA has marginally increased its 2025 global oil demand growth forecast to 740,000 bpd, up from 730,000 bpd, citing easing trade tensions and lower crude prices. While US tariffs initially ...

LONDON - The International Energy Agency (IEA) said on Thursday economic headwinds combined with record sales of electric vehicles will reduce global oil demand growth to 650,000 barrels per day for ...

The IEA expects global supply to rise by 1.6 million barrels per day this year, up 380,000 bpd from the previous forecast, the agency, which advises industrialised countries, said in a monthly report.

Economic headwinds and record electric vehicle sales are set to materially slow down global oil demand growth for the rest of the year, the International Energy Agency (IEA) said on Thursday.

“The first three months of the year will likely remain comfortably 2025’s strongest quarter,” said the Paris-based IEA, which advises major economies. “Signs of a slowdown in global oil ...

The International Energy Agency (IEA) has left its forecast for the increase in global Oil demand virtually unchanged. It expects growth of 740 thousand and 760 thousand barrels per day this year ...

LONDON (Reuters) -World oil supply will rise more rapidly than previously expected this year as Saudi Arabia and other OPEC+ members unwind output cuts, the International Energy Agency (IEA ...

The IEA lifted its average demand growth forecast for 2025 as a whole to 740 000 bl/d, up by 20 000 bl/d from the previous report. It then sees global supply growth averaging a slightly higher 760 ...

The International Energy Agency (IEA) has cut its forecast for global oil demand growth for the remainder of 2025 to 650,000 barrels per day, as economic headwinds and rising sales of electric ...