Oil use will remain subdued over remainder of 2025: IEA
Oct 16, 2025
Paris [France], October 16: Global oil demand saw in the third quarter of 2025 growth rebound to 750 kb/d y-o-y from the second quarter's 420 kb/d pace, when consumption was weighed down by tariff turmoil, especially for LPG/ethane feedstocks that posted a rare contraction, according to the IEA Oil Market Report (OMR) for October. Still, oil use will remain subdued over the remainder of 2025 and in 2026, resulting in annual gains forecast at around 700 kb/d in both years.
Read More...
