The International Energy Agency (IEA) has announced that it will publish its 2025 oil demand forecast report in April, about three months earlier than its former schedule after OPEC expedited its equivalent report by six months. Last week, OPEC released its 2025 oil demand forecast wherein it maintained its earlier prediction of robust demand growth in 2024 and 2025 led by China and the Middle East.
OPEC has forecast that oil demand will grow by 1.85 mb/d in 2025 to hit 106.21 million bpd. For the current year, OPEC maintained its…IEA To Expedite 2025 Oil Demand Forecast in OPEC Competition
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