IEA Trims 2025 Oil Demand Outlook as China Offsets Global Gains

By Noah Browning (Reuters) – The International Energy Agency (IEA) kept its 2024 global oil demand growth forecast unchanged on Tuesday but trimmed its 2025 estimate, citing the impact of a weakened Chinese economy on consumption. The report from the IEA, which advises industrialised countries, is the second this week to flag that a sluggish economy … Read more