IEA downgrades oil demand growth forecast as prices heat up on elevated Middle East tensions

Capt. John

The International Energy Agency on Friday downgraded its forecast for 2024 oil demand growth, citing “exceptionally weak” OECD deliveries, a largely complete post-Covid-19 rebound and an expanding electric vehicle fleet. In its latest monthly oil market report, the IEA said it had revised down its...

https://www.hellenicshippingnews.com/iea-downgrades-oil-demand-growth-forecast-as-prices-heat-up-on-elevated-middle-east-tensions/

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