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IEA Predicts Slower Oil Demand Growth for the Rest of 2025, Met with Jump in Supply

Summary IEA adjusts 2025 global demand growth forecast higher by 20,000 bpd IEA hiked 2025 global supply growth forecast by 380,000 bpd IEA sees lower oil prices hitting U.S. shale oil output growth IEA sees global demand growing slower for rest of this year (Reuters) – The International Energy Agency (IEA) said on Thursday that …

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Oil Slides 3% on Expectations for US-Iran Nuclear Deal

Summary Trump says US close to securing Iran nuclear deal US crude stockpiles rose last week IEA slightly upgrades 2025 oil demand growth forecast (Reuters) – Oil prices fell by about $2 on Thursday on expectations for a U.S.-Iran nuclear deal that could result in sanctions easing, while a surprise build in U.S. crude oil …

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