RIYADH: The International Energy Agency has kept its global oil demand growth forecast for 2024 unchanged at 970,000 barrels per day, driven by the end of the post-COVID economic rebound in China.
The energy agency, however, trimmed its growth forecast for 2025 from 980,000 bpd to 950,000 bpd.
The think tank pointed out that the supply cuts by the Organization of the Petroleum Exporting Countries, and its allies, known as OPEC+ are…