Global oil demand growth will slow this year due to weaker demand in Europe, China and the US, according to the latest estimate from the International Energy Agency (IEA).
The Paris-based group sees 2016 demand growth of 1.2 million barrels per day, down from the 1.6 million barrels per day seen last year.
The growth forecast reiterates a view from the IEA’s January oil market report.
