IEA Lowers Oil-Demand Growth Forecasts for 2018, 2019

Market news

12 October 2018

IEA Lowers Oil-Demand Growth Forecasts for 2018, 2019

Sees Oil Demand Growing at 1.3 Mln B/D in 2018, 1.4 Mln B/D in 2019
Global Oil Supply Was Steady in September at Around 100 Mln B/D
Total OPEC Crude Output Rose in September by 100,000 B/D
Says Russian Oil Production Rose in September by 160,000 B/D
Iranian Oil Output Fell in September by 180,000 B/D

Eurozone: Industrial Production (YoY), August 0.9% (forecast -0.2%)

ECB's Draghi: The euro area economy continues to expand in a broad-based manner, across countries and sectors, despite some moderation following its strong growth in 2017

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