Paris, June 17, 2025 (AFP) - Global oil demand to dip in 2030, first drop since Covid: IEA

NAMPA / AFP
2025-06-17
Global oil demand will fall slightly in 2030, its first drop since the 2020 Covid pandemic, the International Energy Agency said Tuesday. The slowdown "is driven by below-trend economic growth, weighed down by global trade tensions and fiscal imbalances, and the accelerating substitution away from oil in the transport and power generation sectors", the IEA said in its 2025 oil market report. nal-lth/yad ...
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