IEA cuts the 2025 world oil demand growth forecast to 730k b/d from 1.03 m b/d

FXStreetApr 15, 2025 9:07 AM

View all comments（0）



In its monthly oil market report published on Thursday, the International Energy Agency (IEA) cut the 2025 world oil demand growth forecast to 730k barrels per day (b/d) from 1.03 million b/d.

Additional takeaways

2026 world oil demand growth forecast seen at 690k b/d.
Global oil supply rose in March by 910k b/d YoY to 103.61
Non-OPEC+ accounted for 890k b/d of March supply increase.
Global 2026 oil supply to add 950k b/d, exceeding demand.
Non-OPEC+ to add 1.3m b/d in 2025 to 54.4m, led by US
Non-OPEC+ supply seen robust in 2026 adding 920k b/d.
OPEC March crude output fell 150k b/d to 41.6m b/d.

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

Comments (0)

Click the $ button, enter the symbol, and select to link a stock, ETF, or other ticker.

Commenting Guidelines

Recommended Articles

NVIDIA Enters a Critical Week at $192 — Can Core PCE Spark the Next AI Stock Rebound?

NVIDIA (NVDA) starts the week at $192.76 in a descending channel with RSI at 31. Core PCE, AI capex updates, and key support levels could decide the next move toward $205.70.

Samsung Electronics, SK Hynix Shares Under Pressure as Market Awaits South Korea's New Round of AI and Semiconductor Development Strategy

TradingKey - On June 29, the latest reports indicate that South Korean President Lee Jae-myung will officially unveil a new national development strategy today, covering semiconductors, AI data centers, and the robotics industry. Samsung Group and SK Group are expected to announce an investment blueprint at the meeting, with a total scale of up to 2,000 trillion won (approximately $1.3 trillion) over the next decade. The plan will focus on advanced memory chips, HBM, high-end wafer fabrication, advanced packaging, and AI infrastructure construction. These initiatives will also receive supporting government assistance in power, water resources, transportation, and talent cultivation.

Today’s Market Recap: AI Chip Stocks Pull Back, Micron Falls Over 6%, June Non-Farm Payroll Data Becomes Market Focus

TradingKey - On June 26, Eastern Time, the three major U.S. stock indexes closed mixed. Tech stocks remained under pressure and the semiconductor sector continued its pullback, dragging the Nasdaq down for a fifth consecutive trading day.

Japan and South Korea Stocks Open Lower; KOSPI Tumbles 3% to Lead Asian Tech Stocks, Samsung Electronics, SK Hynix and SoftBank Pull Back in Tandem

The KOSPI and Nikkei 225 indices continued to pull back, as Samsung Electronics, SK Hynix, SoftBank, and Kioxia fell across the board.

Gold Price Forecast: Does Gold Falling Below $4,000 Mean the Bull Market Is Over? Will It Still Rise in the Second Half of 2026?

TradingKey - Heading into the second half of 2026, the gold market has transitioned from a strong performer early in the year to an asset undergoing a high-level correction. Recently, gold prices fell below the $4,000 threshold for the first time since November 2025, down approximately 29% from the all-time high of $5,597.91 reached in January. On the surface, gold seems to have entered a period of distinct weakness. However, looking at the full-year horizon, can gold still rise in 2026? The answer is that while short-term pressure persists, there are still opportunities for a medium-term recovery, and the long-term bullish thesis remains intact.

Featured Tools