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Global oil demand to grow steadily in 2019 but trade risks loom: IEA

Reuters  |  LONDON 

LONDON (Reuters) - Oil demand will grow steadily in 2019 thanks to a solid global economy and stable prices, although trade tensions remain the largest risk, the International Energy Agency said on Wednesday.The IEA said it expects global oil demand to grow by 1.4 million barrels per day next year, to top 100 million bpd by the second quarter of the year. The agency expects demand to grow at the same rate this year, unchanged from its last report in May. "A solid economic background and an assumption of more stable prices are key factors. Risks include possibly higher prices and trade ...

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First Published: Wed, June 13 2018. 13:36 IST
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