July 24, 2024

Oil prices head lower as IEA trims 2025 forecast for demand growth

 Oil prices head lower as IEA trims 2025 forecast for demand growth

Oil prices head lower as IEA trims 2025 forecast for demand growth

Oil futures headed lower in Thursday dealings, giving up early gains after the International Energy Agency, in its monthly report, slightly raised its forecast for growth in crude demand in 2024 but lowered its outlook for next year.