EIA raises expectations for crude oil demand growth rate

The US Energy Information Agency(EIA)predicts that the global crude oil demand growth rate in 2024 will increase by 50000 barrels per day to 1.39 million barrels per day,compared to the previous expectation of 1.34 million barrels per day;It is expected that global oil demand will reach 103.67 million barrels per day in 2025,an increase of 12.1 million barrels per day from 2024.