The International Energy Agency lifted its forecast for this year’s oil-demand growth but slightly trimmed next year’s estimates, citing the impact of China’s economic slowdown on consumption.

It had earlier forecast oil demand to grow by just under 900 kb/d in 2024 and by around 1 mb/d in 2025. "The slowdown in growth from recent years reflect the end of the post-pandemic release of ...

The International Energy Agency lifted its forecast for this year's oil-demand growth but slightly trimmed next year's estimates, citing the impact of China's economic slowdown on consumption.

Earlier this week, OPEC further trimmed its forecast for Chinese demand growth to 450,000 barrels a day this year and 310,000 barrels a day the next. ([email protected]) Oil Edges Lower ...

OPEC revises its 2024 oil demand forecast, predicting slower growth due to economic uncertainties. Recent geopolitical issues could impact oil supply chains, driving potential price volatility.

OPEC cut its forecast for global oil demand growth this year and next on Tuesday, highlighting weakness in China, India and other regions, marking the producer group’s fourth consecutive ...

Cisco Systems raised annual revenue forecast on Wednesday, a sign of improving demand as the computer networking equipment maker shifts focus to cybersecurity, cloud systems and AI-driven products.

Hong Kong revised growth expectations to the lowest end of its previous forecast, showing mounting pressures from weaknesses in exports and consumption. The city changed its 2024 growth forecast ...

The IEA forecasts global oil supply to exceed demand by more than 1 million barrels per day in 2025 even if cuts remain in place from OPEC+. OPEC, meanwhile, cut its forecast for global oil demand ...

Healthcare executives and investors expect an uptick in initial public offerings and corporate dealmaking in 2025, with geopolitical tensions overtaking funding challenges as the biggest risk to the ...

after it surpassed quarterly earnings estimates on strong demand for its pita chips and premium grilled steaks. The company raised its annual forecasts for the third time in 2024 after market close on ...