“The deteriorating outlook for the global economy amid the sudden sharp escalation in trade tensions in early April has prompted a downgrade to our forecast,” IEA analysts wrote. Global oil ...

Referring to the crisis caused by the loss of Russian pipeline gas from Europe and the rush to source alternative supplies of energy, Fatih Birol, the head of the IEA, said he thought the ...

The move follows a cut by OPEC yesterday of its oil demand growth forecasts. The IEA said it made the new forecasts after lowering its assumptions for economic growth. The International Energy ...

Global oil supply is set to rise by 1.2 million barrels per day (bpd) this year, lower by 260,000 bpd than the growth expected last month, the International Energy Agency (IEA) said on Tuesday ...

The International Energy Agency (IEA) and Opec have sharply cut their global oil demand growth forecast for 2025, citing intensifying trade tensions, particularly between the US and China.