IEA Trims Oil-Demand Outlook on Tariffs a Day After OPEC Does
1. IEA cuts 2025 oil demand growth forecast by 300,000 B/D. 2. OPEC similarly reduces oil demand projections due to tariffs. 3. Trade negotiations might create uncertainties in oil market forecasts. 4. Brent and WTI crude futures show slight decreases in recent trading. 5. Economic growth assumptions have been downgraded affecting oil demand.