News Snapshot:
An oil pumpjack is shown near the Callon Petroleum vicinity on March 27, 2024 in Monahans, Texas. 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 2024 oil demand growth forecast by around 100,000 barrels per day (bpd) to 1.2 million bpd. The global energy watchdog said that it expected the pace of expansion to decelerate even further to 1.1 million bpd next year...
News Timeline:
Track the development of related news across the Internet.
April 7, 2024
01:30
Oil prices record second straight weekly gain, hit 6-month high on Middle-East crisis; Brent at $91/bbl
Source: livemint.com
March 28, 2024
19:12
Firmer oil prices expected as demand builds and supply curbs persist, poll suggests
Source: theglobeandmail.com
February 17, 2024
00:56
Oil prices are rising despite a rough start to 2024 here’s why
Source: ca.finance.yahoo.com
January 30, 2024
20:18
IMF says global ‘soft landing’ in sight, raises 2024 economic growth outlook
Source: theglobeandmail.com
January 22, 2024
18:44
Oil down as economic headwinds weigh on demand outlook
Source: theglobeandmail.com
January 18, 2024
18:51
IEA raises its 2024 oil demand forecast but lags OPEC view
Source: theglobeandmail.com
January 6, 2024
05:30
UN report revises India’s 2024 GDP growth forecast downward to 6.2%
Source: indianexpress.com
August 11, 2023
17:59
IEA sees slower 2024 oil demand growth, tightening market this year
Source: theglobeandmail.com
August 11, 2023
15:04
IEA cuts its 2024 oil demand growth forecast as economic recovery falters
Source: finance.yahoo.com
June 13, 2023
18:36
OPEC holds 2023 oil demand forecast steady despite economic growth warning
Source: theglobeandmail.com
