The IEA now expects global demand growth to average 740,000 bpd overall this year, an upward revision of 20,000 bpd on the month because of higher expected economic growth and lower oil prices ...

LONDON - The International Energy Agency (IEA) said on Thursday economic headwinds combined with record sales of electric vehicles will reduce global oil demand growth to 650,000 barrels per day for ...

“The first three months of the year will likely remain comfortably 2025’s strongest quarter,” said the Paris-based IEA, which advises major economies. “Signs of a slowdown in global oil ...

Global oil demand growth is expected to be stronger than previously anticipated due to lower oil prices and a less severe hit of U.S. tariffs on the economy, the International Energy Agency said ...

The IEA has marginally increased its 2025 global oil demand growth forecast to 740,000 bpd, up from 730,000 bpd, citing easing trade tensions and lower crude prices. While US tariffs initially ...

LONDON (Reuters) -World oil supply will rise more rapidly than previously expected this year as Saudi Arabia and other OPEC+ members unwind output cuts, the International Energy Agency (IEA ...

The International Energy Agency (IEA) projects global oil demand growth to slow from 990,000 barrels per day ((bpd)) in the first quarter of 2025 to 650,000 bpd for the remainder of the year ...

The IEA's annual Global EV Outlook indicates that electric cars are becoming more affordable, leading to robust sales growth despite economic pressures on the automotive sector. In 2024 ...

Global oil demand will rise more slowly for the remainder of 2025 due to economic headwinds combined with record sales of electric vehicles, the International Energy Agency (IEA) said on Thursday ...

The IEA nudged up its 2025 demand growth estimate by about 2% to 740,000 barrels a day, including growth of 650,000 b/d for the rest of the year, but also raised its supply growth forecast to 1.6 ...

Electric vehicles (EVs) are on track to make up more than a quarter of global car sales in 2025, as affordability improves and sales records continue to be broken, according to the International ...

The impending hit to global oil demand from electric vehicles looks fractionally smaller than previously expected amid faltering American sales growth, according to the International Energy Agency ...