The IEA now forecasts that global oil demand will rise to 113 million bpd by 2050, reversing earlier predictions of a near-term peak. Population growth, rising living standards, and rapid urbanization ...
The projected global crude oil surplus in the fourth quarter of 2025 has narrowed due to a halt in production, the International Energy Agency said on Thursday. Meanwhile, the forecast for global ...
LONDON, Dec 11 (Reuters) - The International Energy Agency trimmed its forecast of next year's global oil supply glut for the first time since May on Thursday, flagging higher demand prospects due to ...