Saturday 23 November 2024
 
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World oil demand

IEA increases forecast for world oil demand in 2017

The International Energy Agency (IEA) has raised its forecast for world oil demand in 2017 by 100,000 barrels per day in comparison with the August forecast to 97.7 million barrels per day, according to a media report. IEA expects

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World oil demand ‘to rise 1.5m bpd’

Oil demand is predicted to rise by 1.5 million barrels per day (bpd) next year to 86 million bpd as world oil demand will grow faster than new supplies outside Opec's control this year, said a poll. But stocks are likely to rise as the gro

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