IEA warns trade tensions will undercut demand

Oil prices settle lower as IEA warns that trade tensions will undercut demand
Oil futures edged lower Thursday morning, after the International Energy Agency’s monthly report underscored worries that rising global trade tensions could undercut energy demand.
Trade War Erodes Oil Demand as OPEC+ Boosts Supply, IEA Says
Global oil demand is under pressure from the escalating trade war at the same time that OPEC+ is reviving output, threatening to deepen a supply surplus, the International Energy Agency said.
IEA Says Trade Tensions Weigh on Oil Demand, Warns of Larger Supply Surplus
The International Energy Agency said the macroeconomic conditions underpinning its oil-demand projections have worsened over the past month due to global trade tensions, and that it sees a bigger-than-anticipated supply surplus if OPEC+ raises output beyond April.
Oil Supply to Exceed Demand in 2025 as Trade Tensions Cloud Outlook, IEA Says
Global oil supply is expected to exceed demand this year, while trade tensions are clouding the outlook, the International Energy Agency said on Thursday. The agency's projections suggest supply may exceed oil consumption by around 600,
Oil Demand Threatened by Trade War, Tariffs: IEA
The escalating trade war is putting pressure on global oil demand at the same that OPEC+ is reviving output, threatening to deepen a supply surplus, the International Energy Agency said. Toril Bosoni,
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Oil Prices Flat as Near-Term Demand Offsets Wider Economic Fears
Oil prices are broadly flat, with Brent crude at $70.99 a barrel and WTI at $67.69 a barrel. Brent gained in Wednesday’s session before paring some gains, as traders weighed near-term demand strength ...