IEA projects global oil supply to exceed demand by 1 million b/d in 2025 due to trade tensions and OPEC+ cuts.

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The International Energy Agency said the macroeconomic conditions underpinning its oil-demand projections have worsened over ...

Oil prices edged down on Thursday after a surge in the previous session on a larger than expected draw in U.S. gasoline ...

Oil prices extend gains in afternoon trade, buoyed by U.S. stockpile draws and U.S. pressure on Iran and Venezuela. Brent crude is up 1.2% to $73.27 a barrel, while WTI rises 1.4% to $69.98 a barrel.

International Energy Agency Director Fatih Birol said the agency's controversial projections of slowing oil demand have been ...

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EV sales surged by over 25% in 2024, now making up 1 in every 5 cars sold globally, and this impacted oil demand, which grew at just 0.8%.

Oil futures face downside risks as U.S. output climbs and OPEC+ remains flexible. Will geopolitical tensions disrupt supply ...

Fishmeal demand is on the cusp of becoming inelastic, while fish oil is already there as aquaculture loses market share to the pharmaceutical sector, according to Rabobank ...

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[PARIS] Global oil demand is under pressure from the escalating trade war at the same time that Opec+ is reviving output, threatening to deepen a supply surplus, the International Energy Agency said.