The International Energy Agency reduces expectations of growth in global oil demand for oil for 2025 to 730,000 barrels per day, compared to 1.03 million barrels per day

In his month-to-month report About oil Who was printed Thursday, the Worldwide Vitality Company (IAI) lowered international development development forecasts for oil demand from 2025 to 730,000 barrels per day (B / Y) of 1.03 million b / y.

Further factors

• Anticipate the expansion of world oil demand for 2026 to 690 thousand b / y.
• The world’s oil provide in March elevated by 910,000 B / D on an annual foundation to 103.61
• OPEC + 890,000 B / JA nations fashioned a rise in provide in March.
• The worldwide oil provide in 2026,950,000 b / y is predicted to exceed demand.
• OPEC + 1.3 million states B / Y ought to improve to 54.4 million, underneath the management of the USA
• The OPEC + unit must be sturdy in 2026, including 920,000 b / d.
• The manufacturing of crude oil OPEP decreased in March by 150,000 B / D to 41.6 million b / d.