Israel responds to Hezbollah attack from Lebanon deploying ‘tens of thousands’ to northern border

Global oil demand will increase by 1.1 million barrels per day (mb/d) in 2024, according to the International Energy Agency (IEA). This projection is 140,000 barrels per day (kb/d) lower than last month’s estimate. Weaker deliveries, especially in Europe, caused OECD demand to contract in the first quarter. However, the outlook for 2025 remains stable. […]