The U.S. Energy Information Administration raised its forecast for global oil demand growth in 2024 by 50,000 barrels per day compared to its previous estimates. The agency's monthly projections indicate that global oil demand in 2025 will reach 103.67 million barrels per day, an increase of 1.21 million barrels per day compared to 2024.
U.S. Energy Information Administration Raises Global Oil Demand Growth Forecasts
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