The IEA has reduced its 2024 oil demand forecast by 7.2%, citing China’s economic slowdown and the global shift towards cleaner energy sources. Â
China oil demand
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Goldman Sachs forecasts Brent crude prices could fall to $68 per barrel by 2025 due to weakened oil demand in China, as the country’s economic slowdown continues to impact global …
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Oil prices edged higher on April 1st, with US crude futures settling at a five-month peak. This cautious increase reflects a balancing act in the oil market. Optimism about economic …
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Dangote Refinery gears up for full capacity, playing a crucial role in meeting the surging global oil demand led by China.