IEA Lowers Global Oil Demand Growth Forecast for 2025, Expects at 103.84Mln Bpd - Report

NAMPA / Sputnik

2025-10-14

MOSCOW, October 14 (RIA Novosti) - The International Energy Agency (IEA) has downgraded its forecast for global oil demand growth in 2025 to 700,000 barrels per day, and now expects demand at 103.838 million barrels per day, the organization said in its fresh report on Tuesday. "Still, oil use will remain subdued over the remainder of 2025 and in 2026, resulting in annual gains forecast at around 700 kb/d in both years. This is well below hist......

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