The International Energy Agency reduces its expectations for the growth of oil demand for the current year
Light The International Energy Agency Friday is its expectations for the growth of oil demand for the year 2025, expecting the lowest growth rate since 2009, with the exception of the year 2020, which was exceptional due to the Kofid’s pandem" target ="_Blank"> Oil by 700 thousand barrels per day in the year 2025, which will be formed "The lowest growth rate since 2009, with the exception of the year 2020"According to its monthly report issued in July. "Especially"This is equivalent to half of the registered growth in the first quarter of 1.1 million barrels per day. "The last months have witnessed a great slowdown in oil demand, especially in developing countries". "A possible surplus" In the global oil market, the global supply growth is expected at an average rate of 2.1 million barrels per day during the year 2025, bringing to 105.1 million barrels per day.
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