IEA Sees Higher Oil Demand This Year ...Middle East

Global crude oil demand will rise by 2.1 million bpd this year, the International Energy Agency said in the latest monthly edition of its flagship Oil Market Report, spurred on by the switch from gas to oil for electricity generation. The new number is a 380,000-bpd upward revision on the IEA’s previous monthly forecast. It also means that the IEA now expects global oil demand this year to average 99.7 million barrels daily. Supply, according to the IEA, already exceeds demand, as it hit 100.5 million bpd last month, with OPEC+ production…

Hence then, the article about iea sees higher oil demand this year was published today ( Thursday 11/08/2022 - 06:08 PM ) and is available on OILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( IEA Sees Higher Oil Demand This Year )

Also on site :

• Forget Critical Metals, Electricity is The Real Bottleneck for Artificial Intell
• Bitmine Immersion Technologies kündigt eine Bardividende in Höhe von 0,1056 US-Dollar pro Aktie der unbefristeten Vorzugsaktie der Serie A mit einem Zinssatz von 9,50 % an
• Evermos Partners with the International Labour Organisation (ILO) to Deliver Entrepreneurship Training for Indonesia's Vulnerable Groups