Oil Demand Growth

The International Energy Agency (IEA) published its annual energy outlook report Tuesday, where it explores various scenarios of energy demand in the future, government regulations, renewable energy, the Paris accord, and the COVID-19 crisis. Impact Of COVID-19 Remains Uncertain: The...

The Organization of the Petroleum Exporting Countries slashed its forecast for global oil demand growth in 2016. According to Reuters, OPEC is now predicting global demand for oil will increase by 1.20 million barrels per day in 2016, marking a reduction of 50,000 barrels per day from its prior...