IEA: Global oil demand growth will significantly slow down in the remaining time until 2025.

According to the Wise Finance APP, the International Energy Agency (IEA) stated on Thursday that macroeconomic headwinds combined with record-breaking sales of electric vehicles will reduce the global oil demand growth rate to 650,000 barrels per day by 2025. This means that compared to the average daily oil demand growth rate of 990,000 barrels in the first quarter of this year, the growth rate has significantly slowed down. The IEA stated, "Increasing trade uncertainty is expected to drag down the global economy, thereby suppressing oil demand."