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China INE crude falls again after IEA cuts oil demand growth forecast

Guangzhou (JLC), May 16, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) extended losses on Thursday after the International Energy Agency (IEA) cut its global

05-16-2024 18:41:49

China INE crude price mounts after IEA raises oil demand forecast

Guangzhou (JLC), March 15, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) gained more ground on Friday, after the International Energy Agency (IEA) revised up

03-15-2024 18:57:35

China INE crude price rallies after IEA revises up demand forecast

Guangzhou (JLC), January 19, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) rebounded Friday after the International Energy Agency (IEA) forecast stronger gro

01-19-2024 18:19:36

China INE crude price rallies after IEA revises up oil demand forecast

Guangzhou (JLC), December 15, 2023--The price of crude futures on China's Shanghai International Energy Exchange (INE) rebounded on Friday, supported by an upgrade in global oil demand growth forecast

12-15-2023 19:32:30

China INE crude price up again on IEA's demand forecast

Guangzhou (JLC), November 15, 2023--The price of crude futures on China's Shanghai International Energy Exchange (INE) inched up again on Wednesday after the IEA raised its oil demand growth forecast.

11-15-2023 19:00:37

China INE crude strengthens after IEA predicts peak oil demand

Guangzhou (JLC), August 14, 2023--The price of crude futures on China's Shanghai International Energy Exchange (INE) extended gains on Monday, after the International Energy Agency (IEA) forecast reco

08-14-2023 18:13:53

China INE crude price rises after IEA warns of more Russian oil losses

Guangzhou (JLC), April 14, 2022--The price of crude futures on China’s Shanghai International Energy Exchange (INE) continued to climb on Thursday, after the International Energy Agency warned of incr

04-14-2022 19:39:08

China INE crude price plummets after IEA agrees to release oil reserves

Guangzhou (JLC), April 7, 2022--The price of crude futures on China’s Shanghai International Energy Exchange (INE) plunged Thursday, after the International Energy Agency (IEA) announced a huge oil re

04-07-2022 18:53:36

China INE crude price drop slows on IEA projection of supply loss

Guangzhou (JLC), March 17, 2022--The price of crude futures on China’s Shanghai International Energy Exchange (INE) decelerated its growth on Thursday, after the International Energy Agency (IEA) esti

03-17-2022 19:04:35

China INE crude rallies after IEA raises demand forecast

Guangzhou (JLC), October 15, 2021--The price of crude futures on China’s Shanghai International Energy Exchange (INE) rebounded Friday, after the International Energy Agency (IEA) raised its oil demand forecast and Saudi Arabia ignored calls for further production increases.

10-15-2021 19:17:50

INE crude rallies after IEA raises crude demand forecast

The price of crude futures on the Shanghai International Energy Exchange (INE) rebounded on Monday as IEA revised up crude demand forecast and the US oil rig count declined.

07-13-2020 18:41:49

INE crude drops as IEA lowers oil demand forecast

Guangzhou (JLC), July 19, 2019--Crude futures prices on the Shanghai International Energy Exchange (INE) platform extended drops on Friday, as IEA lowered its forecast of global oil demand growth.

07-19-2019 18:44:19

IEA Energy Outlook: China to be the world largest oil importer in 2020

Recently, IEA issued World Energy Outlook 2017-China Special Report in Beijing, noting that China would be the world largest crude oil importer around 2020.

12-14-2017 10:25:39

IEA: Crude inventory could hardly rebalance at the end of 2018

When OPEC and Russia began to tackle global crude oversupply problem, they thought they would succeed in six months. But now it seems that this battle may last for years.

08-16-2017 18:04:51

IEA: Global oil oversupply won't be relieved in 2017

IEA said on Wednesday that global oil oversupply will last until the end of 2017. Currently, the endeavor of OPEC to curb output encountered obstruction in the U.S.

06-15-2017 16:14:16

IEA: Global crude oil price may soar after 2020

IEA said in Beijing on May 18th that the global oil price might soar after 2020 due to the shortage of supply in oil market resulting from the investment slowdown in 2015 and 2016. The above was concluded in IEA 2017 Oil Market Report.

05-24-2017 13:44:17

IEA: OPEC production cut agreement might not change the oversupply situation

According to the latest IEA monthly report, even OPEC entering into the production cut agreement may not reduce the global crude inventory as U.S. output could improve further. Under such circumstances, oil prices saw a confusing future.

05-17-2017 14:35:00

IEA: India crude demand to soar

The International Energy Agency (IEA) forecasted in its report on March 12th that India demand growth for crude oil might surpass China by 2022, after the country exceeded Japan and ranked the third largest crude consumer in 2016.

03-15-2017 11:50:36

IEA: Crude supply will be in shortage in H1 of 2017 owing to OPEC's output-cutting deal

Bloomberg reported on December 13th Beijing time, according to IEA, global oil market will be in short supply from oversupply in the first half of 2017 with OPEC and other oil producers executing the production reduction deal.

12-14-2016 10:57:24

IEA predicted that the oversupply in petroleum market may last to H1 2017

According to Reuters, IEA’s report showed that the sharp decline of international petroleum demand and increased inventory proved the oversupply may last to 2017.

09-20-2016 16:31:27

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