The IEA for the first time in 2023 lowered the world oil demand forecast
06:27 14.07.2023 6285
The International Energy Agency (IEA) for the first time in 2023 lowered the forecast for oil demand in the world for 2023 by 170 thousand barrels per day. This follows from the July report of the agency.
“The demand for oil in the world in 2023 will increase by 2.2 million barrels per day, up to 102.1 million barrels per day,” the report says. This is 170 thousand barrels per day less than predicted in the June report.
The forecast for 2023 is lowered for the first time this year. Prior to that, it rose or remained unchanged, Prime conveys. The IEA notes that the demand in the first quarter amounted to 100.5 million barrels per day.
In the second quarter, the IEA estimates that demand rose to 101.4 million barrels per day, and in the third and fourth, the agency expects it at levels 103.1 and 103.3 million barrels per day.
Turkmenistan and Pakistan diplomats discussed the implementation of joint projects in energy, transport and communications in Dushanbe
Current issues of bilateral cooperation were discussed at a meeting between the Ambassador of Turkmenistan to Tajikistan A. Gochmyradov and the Ambassador of the Islamic Republic of Pakistan to Tajikistan Mr. M.S. Sarwar, the International Information Center of Turkmenistan reported on February 18 with reference to the Turkmen diplomatic department in Dushanbe.
Bloomberg: Saudi Arabia may raise oil prices for Asia
Saudi Arabia is expected to raise the price of its flagship oil for Asia in September, although traders see potential for spot price cuts next month, PRIME quotes Bloomberg. The coming months could be a turning point for the oil market, traders say.
Turkmen natural gas supplies to Turkey via Iran to start on March 1, - Turkish Ambassador
Turkmen natural gas supplies to Turkey will start on March 1, 2025 and will be carried out via Iran as part of a barter scheme. This was stated by Turkish Ambassador to Turkmenistan Ahmet Demirok on Friday at a press conference for Turkmen and foreign media.
Turkmenistan is interested in the reconstruction of Afghanistan, - MFA
Turkmenistan is interested in the reconstruction of Afghanistan, its integration into the world economic relations, development of infrastructure. This was stated by the Deputy Minister of Foreign Affairs of Turkmenistan Vepa Khadzhiev at the international conference "Afghanistan: security and economic development", held in Tashkent, the website of the Ministry of Foreign Affairs of Turkmenistan reports.
Oil prices rise on API data on falling inventories in the US, Brent - $104.58 per barrel
Oil prices are growing weakly on Wednesday against the backdrop of data from the American Petroleum Institute (API), which showed a sharp decline in US inventories, Interfax reports.