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International Energy Agency lowers its global oil demand forecast

The International Energy Agency (IEA) has lowered its forecast for global daily oil demand growth for this year, APA reports, citing the agency’s monthly report. According to the forecast, global daily oil demand is expected to increase by 0.72 million …

Global oil demand to peak by 2029 as China hits 2027 high

Global oil demand is expected to keep rising until around 2029, even as demand in China peaks in 2027, the International Energy Agency said in its annual report on Tuesday. The agency cited lower gasoline prices and slower electric vehicle adoption in the …

World oil demand ‘to keep growing’

GLOBAL oil demand will keep growing until around the end of this decade despite peaking in top importer China in 2027, as cheaper gasoline and slower electric vehicle adoption in the United States support consumption, the International Energy Agency said …

China nears peak oil demand amid ‘extraordinary’ EV sales

China’s demand for oil will peak within two years thanks to its unexpectedly “breakneck” switch to electric vehicles, the International Energy Agency has predicted. American oil demand will, however, be higher than expected this decade as momentum for EVs …

Global Oil Demand to Rise Until 2029 Despite China Peaking in 2027: IEA

Global oil demand is projected to continue rising until 2029, even as top importer China hits its consumption peak in 2027, the International Energy Agency (IEA) said on Tuesday. The agency cited slower electric vehicle (EV) adoption and lower fuel prices …

Amid rising geopolitical strains, oil markets face new uncertainties as the drivers of supply and demand growth shift

As Israel-Iran conflict focuses attention on immediate energy security risks, new IEA medium-term outlook sees global oil supply increase set to far outpace demand growth in coming years With intensifying geopolitical strains and heightened uncertainty …

China Oil Demand Will Peak Earlier Than Expected, IEA Says

China’s oil demand will stop growing earlier than expected, reinforcing the outlook for a global peak and prolonged supply surplus this decade, the International Energy Agency said. The IEA slashed forecasts for Chinese consumption until 2030 by about 1 …

Oil supply set to outstrip demand growth, IEA says

The report highlighted a major structural shift in global energy markets as the key drivers of oil growth - Chinese consumption and US shale expansion - start to fade. Oil demand was forecast to rise by 2.5 million barrels per day between 2024 and 2030, …

IEA Doubles Down On Peak Oil Demand Forecast

A peak in global oil demand is still on the horizon, the International Energy Agency (IEA) said on Tuesday, doubling down on its forecast that demand will plateau by the end of the decade.  China’s oil demand, which increased by a cumulative 6 million …

India to drive oil demand growth over 5 years: IEA

The IEA says oil demand will fall in major consumer China in 2028

Global oil demand to keep growing this decade despite China’s peak in 2027, IEA says

Open this photo in gallery:The IEA did not change its prediction that oil demand will peak by 2029, but says China's demand will peak earlier due to growth in electric vehicles.Mario Tama/Getty Images Global oil demand will keep growing until …

India to contribute most to global oil demand growth by 2030: IEA

The International Energy Agency (IEA) in a report said India is projected to contribute the most to global oil demand growth by 2030, adding 1 million barrels per day (bpd). IEA stated that global oil demand is expected to increase by 2.5 million bpd by …

IEA: World oil demand will continue to grow this decade despite China's peak in 2027

The International Energy Agency (IEA) said that global oil demand will continue to grow until the end of the decade, despite a peak in China, the top importer, in 2027. This is because cheaper gasoline in the United States and a slower adoption rate for …

The oil market's supply and demand balance is off - IEA report

The International Energy Agency says that in 2025, the world will produce more oil than it needs, even as the Israel-Iran conflict raises the risk of supply disruptions. It forecasts a 1.8 million barrels-per-day rise in output to 104.9 million b/d, …

India’s thirst for oil will rise more than any other country through 2030: IEA

India's oil demand is projected to surge by a million barrels per day over the next five years, becoming the primary driver of global demand growth, fueled by a rapidly expanding middle class, urbanization, and industrialization. This increase in …

Oil demand to keep growing to this decade, IEA says

London — Global oil demand will keep growing until around the end of this decade despite peaking in top importer China in 2027, as cheaper petrol and slower electric vehicle adoption in the US support consumption, the International Energy Agency (IEA) said …

IEA lowers global oil demand growth forecasts for 2025, 2026

Paris: The International Energy Agency (IEA) reduced its global oil demand growth forecast for this year (2025) to 720,000 barrels per day, down from the previous estimate of 740,000 barrels per day. In its monthly report issued today, the IEA also lowered …

Global oil supplies forecast to outstrip demand this year despite Middle East war

Stay informed with free updates Simply sign up to the Oil myFT Digest -- delivered directly to your inbox. The International Energy Agency has predicted that global oil supplies will substantially outstrip demand this year even as the escalating conflict …

International Institute of Los Angeles Supports Lawsuit to Resettle Vulnerable Refugees

LOS ANGELES, CA, UNITED STATES, June 17, 2025 /⁨EINPresswire.com⁩/ -- International Institute of Los Angeles (IILA) joined seven other nonprofit organizations from across the country in filing an amicus brief in support of the plaintiffs-appellees …

The 2025 3rd UN Ocean Conference Side Event 'Ocean Education 2030' Highlights Youth Leadership

On June 13, the UN Ocean Conference side event jointly organized by the Tianjin Eco-city Friend of Green Eco-Culture Promotion Association and Grouphorse Group. SHANGHAI, SHANGHAI, CHINA, June 17, 2025 /⁨EINPresswire.com⁩/ -- The Third UN Ocean …

Rye Consulting Group Changes Name to Rye Strategic Partners Reflecting Advisory, Capital Formation & AI Capabilities

Rye Consulting Group Changes Name to Rye Strategic Partners, Reflecting Evolving Advisory, Capital Formation & AI-Driven Capabilities HARRISON, NY, UNITED STATES, June 18, 2025 /⁨EINPresswire.com⁩/ -- Rye Consulting Group is pleased to …

His Little Ones, Inc. Appoints Apurva Duta as Executive Director, Ushering in a New Chapter of Growth and Global Impact

AUSTIN, TX, UNITED STATES, June 17, 2025 /⁨EINPresswire.com⁩/ -- His Little Ones, Inc. (HLO), a nonprofit organization dedicated to serving orphans and vulnerable children around the world, proudly announces the appointment of Apurva Duta as its …

AI for Stock Prediction and Risk Scoring: A Game-Changer for Enterprises by 2028

AI stock prediction and risk scoring will help businesses make better financial decisions and manage risk more effectively by 2028. AUSTIN, TX, UNITED STATES, June 17, 2025 /⁨EINPresswire.com⁩/ -- As AI reshapes financial decisions, businesses …

English Language Learning Market to Reach USD 127.7 Billion by 2035, Says Meticulous Research®

Market Growth Driven by Digital Transformation in Education, AI-Powered Learning Platforms, Mobile-First Solutions, and Increasing Startup Investments REDDING, CA, UNITED STATES, June 17, 2025 /⁨EINPresswire.com⁩/ -- The global English language …

AMIQ EDA to Showcase AI and New Product Features at DAC in San Francisco

Attendees Can Watch Demos and Meet the Experts SAN FRANCISCO, CA, UNITED STATES, June 17, 2025 /⁨EINPresswire.com⁩/ -- AMIQ EDA, a pioneer in integrated development environments (IDEs) for hardware design and verification and a provider of …

Special Libraries Association (SLA) Announces 2025 Award Winners

2025 SLA Award Winners MOUNT LAUREL, NJ, UNITED STATES, June 17, 2025 /⁨EINPresswire.com⁩/ -- The Special Libraries Association (SLA) is proud to announce the winners of its 2025 Awards, recognizing individuals and organizations for their …

Lionbridge Launches Comprehensive 'EU MDR and IVDR Language Guidance'

Essential guidance on language requirements under the EU Regulations features AI strategies to help medical device manufacturers optimize language outcomes WALTHAM, MA, UNITED STATES, June 17, 2025 /⁨EINPresswire.com⁩/ -- Lionbridge, a global leader in …

World’s Top Science Competition Awards $3M to Three Visionary Scientists Tackling Global Climate Crisis

VILLARS, SWITZERLAND, June 17, 2025 /⁨EINPresswire.com⁩/ -- The Frontiers Planet Prize has today unveiled its 2025 International Champions - three visionary scientists from across the globe, whose groundbreaking scientific research offers powerful, …

Purple Crayon Names Andrea Ocampo Partner/EVP of Brand Transformation Amid Strategic Growth Push

New role signals the company’s commitment to deeper client impact and cross-sector brand transformation. NEW YORK, NY, UNITED STATES, June 17, 2025 /⁨EINPresswire.com⁩/ -- Purple Crayon, a bold and culture-first creative company is proud to …

Final call to enter the ESOMAR Awards: Honouring excellence in insights and innovation

Deadline approaches to submit the industry’s most impactful research, data, and insights work for recognition on the global stage AMSTERDAM, NETHERLANDS, June 17, 2025 /⁨EINPresswire.com⁩/ -- With the 30 June deadline quickly approaching, ESOMAR …

Ranger MediaLab Celebrates 9+ Years of Google Ads Mastery Across 7- and 8-Figure Businesses

OTTAWA, CANADA, June 17, 2025 /⁨EINPresswire.com⁩/ -- Ranger MediaLab, a performance-focused Google ad company, is celebrating over nine years of driving scalable growth for high-revenue brands. Known for its results-driven approach to paid search, the …

DB Investing Partners with Sumsub to Enhance Client Onboarding and Compliance Standards

DUBAI, UNITED ARAB EMIRATES, June 17, 2025 /⁨EINPresswire.com⁩/ -- DB Investing, a leading multi-asset brokerage and investment firm licensed by multiple global regulators, has announced a strategic partnership with Sumsub, a global full-cycle …

Sabio Group’s Customers Receive Numerous Recognition at UK National Contact Centre Awards

Sabio Group is delighted to congratulate several of its customers on their outstanding successes at the UK National Contact Centre Awards. LONDON, UNITED KINGDOM, June 17, 2025 /⁨EINPresswire.com⁩/ -- Sabio Group is delighted to congratulate …

Global Meta Universe Blockchain Game Market Report For M&A, Expansion, And Competitive Benchmarking (2025–2034)

The Business Research Company’s Meta Universe Blockchain Game Global Market Report 2025 - Market Size, Trends, And Global Forecast 2025-2034 LONDON, GREATER LONDON, UNITED KINGDOM, June 17, 2025 /⁨EINPresswire.com⁩/ -- The Business Research …

Global Magnesium Gummies Market Insights 2025– For Strategy Officers And Market Intelligence Teams

The Business Research Company’s Magnesium Gummies Global Market Report 2025 - Market Size, Trends, And Global Forecast 2025-2034 LONDON, GREATER LONDON, UNITED KINGDOM, June 17, 2025 /⁨EINPresswire.com⁩/ -- The Business Research Company’s Latest …

Global Marine Tank Cleaning Services Market Analysis 2025 – Insights For Long-Term Investment & Planning

The Business Research Company’s Marine Tank Cleaning Services Global Market Report 2025 - Market Size, Trends, And Global Forecast 2025-2034 LONDON, GREATER LONDON, UNITED KINGDOM, June 17, 2025 /⁨EINPresswire.com⁩/ -- The Business Research …

Hearing Loss Disease Treatment Market 2025: Government, Regulatory Support Drives Hearing Aids Market Growth

The Business Research Company's Hearing Loss Disease Treatment Global Market Report 2025 – Market Size, Trends, And Global Forecast 2025-2034 LONDON, GREATER LONDON, UNITED KINGDOM, June 17, 2025 /⁨EINPresswire.com⁩/ -- What Is The Growth …

Herceptin Market Report 2025 – For Strategy Officers And Market Intelligence Teams

The Business Research Company's Herceptin Global Market Report 2025 – Market Size, Trends, And Global Forecast 2025-2034 LONDON, GREATER LONDON, UNITED KINGDOM, June 17, 2025 /⁨EINPresswire.com⁩/ -- What Is The Growth Trajectory Of The …