Production

US agency trims 2025 Brent oil forecast by $7 per barrel on weaker demand

Global oil demand likely to increase by 1.2 million bpd to 104.3 million bpd in 2025, lower than earlier forecast, EIA says

Brent Delta topsides on barge approaching Hartlepool, England in 2017 during Brent decommissioning.
Brent Delta topsides on barge approaching Hartlepool, England in 2017 during Brent decommissioning.Photo: SHELL
Middle East and South Asia EditorNew Delhi
Published 9 October 2024, 06:06Updated 9 October 2024, 15:06
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