US Bucks The Trend Despite Price Spike, But Oil Demand Set To Slump: When Is A Recovery Expected
- Posted on July 11, 2026
- By International Business Times
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- 1 min read
US Bucks The Trend Despite Price Spike, But Oil Demand Set To Slump: When Is A Recovery Expected
Oil demand worldwide is expected to dip this year, the International Energy Agency said in a report. The expected decline in oil demand would be the first time since the peak of the COVID-19 pandemic in 2020, the IEA report said.
