Clean Technica Research

US EIA Forecasts World Oil Consumption Growth to Slow Amid Less Economic Activity

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We forecast consumption growth of crude oil and other liquid fuels will slow over the next two years, driven by a slowdown in economic growth, particularly in Asia, in our May Short-Term Energy Outlook (STEO). The world economy, measured by GDP, increases 2.8% in 2025 and 2026 in our forecast. Excluding the … [continued]

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