IEA lowers global oil demand growth outlook to 1.2 mln bpd in 2017


The International Energy Agency (IEA) lowered the global oil demand growth outlook to 1.2 mln barrels per day in 2017 in its market report released today.

The demand growth rate will be 200,000 barrels per day lower in 2017 in comparison to this year, the IEA said.

The global oil demand is expected to be 97.5 mln barrels daily in the next year, the IEA reported.

 

Source: TASS

Author: zeina

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