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Oil prices rose on Thursday as the International Energy Agency (IEA) joined the Organization of the Petroleum Exporting Countries in forecasting relatively strong growth in global oil demand this year, with price impetus also coming from disruption to ...
International Energy Agency: The Organization of the Petroleum Producing Countries (OPEC) had said on Wednesday that it expected demand growth of 2.25 million bpd this year, unchanged from its forecast in December. The producer group also said oil demand is expected to rise by a robust 1.85 million bpd in 2025 to 106.21 million bpd.
LONDON: Oil prices rose on Thursday as the IEA joined producer group OPEC in forecasting relatively strong growth in...
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