The International Energy Agency on Aug. 11 hiked its 2022 oil demand growth estimate by 380,000 b/d to 2.1 million b/d, citing “soaring” oil use in power generation and gas-to-oil switching in industry as a result of surging gas prices. The IEA’s unusually large revision in its latest monthly oil...
https://www.hellenicshippingnews.com/iea-raises-2022-oil-demand-growth-forecast-by-380000-b-d/