Friday, May 9, 2025

Tag: IEA

Brent Crude Falls Below $65 as IEA Cuts Oil Demand Outlook

International oil prices fell as OPEC and IEA lowered global demand growth forecasts for this year and next, impacting market stability.

Brent Crude Dips Below $70: IEA’s Outlook for Oil Demand Pushes Prices Lower

Global oil prices fell due to IEA's concerns over weakening demand amid economic slowdown and revised growth forecasts.

From Scarcity to Surplus: Global Oil Market Faces Radical Shift

The International Energy Agency (IEA) expressed serious concerns about oil oversupply on the 12th (local time). The agency warned that...