Iea Trims 2011 Oil Demand Forecast

The International Energy Agency has trimmed its forecast for global oil demand this year, saying increased evidence of economic slowdown has raised fears of a double-dip recession.

BING NEWS:
  • Oil prices fall for the week on bets for a ‘looming surplus,’ soft China demand
    Oil futures declined on Friday with expectations for a supply surplus next year, strength in the U.S. dollar, and continued worries over demand from China — the world’s largest crude importer — ...
    11/15/2024 - 2:13 am | View Link
  • Oil Falls Amid Demand Worries
    Oil fell in Asian trading amid a softer outlook after the International Energy Agency slightly trimmed next year’s oil-demand growth estimates.
    11/14/2024 - 11:36 am | View Link
  • IEA Raises 2024 Oil Demand Projection, Trims Next Year's
    The International Energy Agency (IEA) on Thursday raised its projection for 2024 oil demand growth but trimmed its forecast for next year, citing China's slowing economy.
    11/13/2024 - 10:22 pm | View Link
  • World faces oil surplus in 2025 on weak demand, IEA says
    Global oil supply will exceed demand in 2025 even if OPEC+ cuts remain in place, the International Energy Agency (IEA) said on Thursday, as rising production from the United States and other outside ...
    11/13/2024 - 9:22 pm | View Link
  • IEA Lifts 2024 Oil Demand Forecast But Trims 2025 Projections
    The International Energy Agency raised its forecast for this year’s oil-demand growth but slightly trimmed next year’s estimates, citing the impact of China’s economic slowdown on consumption.
    11/13/2024 - 8:11 pm | View Link
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