- IEA’s Birol: Oil demand growth to remain weak, keeping a check on prices
Market news
10 January 2020
IEA’s Birol: Oil demand growth to remain weak, keeping a check on prices
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We are expecting a demand growth of slightly higher than 1 million barrels per day.
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Growth could remain weak, compared with historical levels.
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Non-OPEC production is very strong.
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We still expect production coming from, not just United States, but also Norway, Canada, Guyana, among other countries.
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We see prices remain at $65 a barrel.
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Sees a well-supplied oil market in 2020
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