Crude oil demand set to decline in 2030: IEA sees first drop since Covid, supply growth to be led by US and Saudi Arabia
Tuesday, 17 June 2025 () The IEA forecasts a slight dip in global oil demand in 2030, marking the first decline since the 2020 Covid shock, driven by slower economic growth, EV adoption, and energy transition efforts. Global oil consumption is projected to peak at 105.6 million bpd in 2029 before decreasing to 105.5 million bpd the following year.
A global wave of condemnation is rising after the U.S. launched strikes on Iranian nuclear sites, sparking fears of a wider war. Nations including Pakistan, Iraq, Venezuela, Cuba, Saudi Arabia, and..
Ecuador's Waorani demand court action over Amazon oil projects
Leaders of Ecuador’s Waorani Indigenous community gathered at Quito's Constitutional Court on Tuesday, urging recognition of..
Credit: euronews (in English) Duration: 01:00Published
Tuesday, 17 June 2025 ()
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