IEA Raises Oil Demand Growth Forecasts, Flags Possible 2024 Surplus

LONDON—The International Energy Agency (IEA) on Tuesday raised its oil demand growth forecasts for this year and next despite slower economic growth in nearly all major economies, although its 2024 outlook remains much lower than that of producer group OPEC. The Paris-based IEA said the market could shift into surplus at the start of 2024 […]

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