Oil Market Report by the International Energy Agency (IEA)

August 2, 2024

Paris, France: The August 2024 Oil Market Report by the International Energy Agency (IEA) highlights the recent volatility in global oil markets. Despite a decrease in global oil demand growth, largely due to economic challenges in China, the market remains tight due to geopolitical tensions and OPEC+ production strategies. The report also discusses the impact of these factors on oil prices, which saw significant fluctuations in July and early August.

Link: https://www.iea.org/reports/oil-market-report-august-2024

Other Articles

Farming Meets Solar: A Powerful Future for Rural Communities

February 20, 2026

Indonesia Set to Launch Full-Scale Carbon Market

February 20, 2026

Yeongcheon City Launches 2026 Organic Fertilizer Program with Record Investment

January 18, 2026

Mali’s 2025/26 Grain Output Expected to Rise 3.6%

January 17, 2026

Warning Notice

The content of this section is presented exclusively in English, and the comments or opinions expressed in the news articles are not related to Oreasoc Group Inc. or its affiliated entities, nor do they necessarily represent the official position of the company, its directors, or employees. We expressly disclaim all liability for the content of external sources.
By selecting links within the articles in this section, you may be redirected to external websites that are not affiliated with Oreasoc Group Inc. We assume no responsibility for the content, accuracy, or privacy practices of such external sites. Your interaction with any external website is at your own risk.