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 jumps nearly 2% as traders expect China stimulus to boost demand
    Oil jumped nearly 2% on Tuesday before paring gains after China announced its biggest stimulus package since the early days of the pandemic, raising prospects of increased demand. On Tuesday West ...
    09/24/2024 - 8:43 am | View Link
  • After oil’s tumble, where will prices settle?
    Despite months of geopolitical tensions in the Middle East and growing signs of slowing demand from China, oil prices barely budged from their relatively tight ranges. And then in the space of a week, ...
    09/17/2024 - 12:00 am | View Link
  • Oil Prices Start the Week With a Gain on Rate Cut Hopes
    Oil prices have risen on expectations of a Fed rate cut, but concerns about China's economic slowdown and weak demand have tempered gains.
    09/15/2024 - 7:32 pm | View Link
  • Oil drops to more than 2-year lows as China demand worries outweigh storm’s threat to supplies
    Oil futures settled Tuesday at their lowest levels in more than two years, with concerns about demand from China back in focus after another round of lackluster economic data.
    09/10/2024 - 8:50 am | View Link
  • OPEC Trims 2024, 2025 Oil Demand Forecasts, Brent Falls Below $70
    The Organization of the Petroleum Exporting Countries cut its 2024 and 2025 global oil demand projections on Tuesday, while Brent oil prices fell below $70 per barrel. In its latest monthly oil report ...
    09/10/2024 - 6:54 am | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News