International Energy Agency report cuts oil demand growth in 2024
BancaMarch : The organisation has pointed to a slowdown in demand in the first quarter of 2024, with a variation that stands at 1.6 million barrels per day, 120,000 barrels per day lower than previously estimated. The reasons include lower than expected consumption in OECD countries due to a warmer than usual winter and a drop in manufacturing activity. Thus, for 2024 as a whole, the IEA has lowered the…
