Download
HTML Embed
HTML EMBED
Click to Copy

Latest Episodes

Download
HTML Embed
HTML EMBED
Click to Copy
Marketplace Morning Report
Download
HTML Embed
HTML EMBED
Click to Copy
Download
HTML Embed
HTML EMBED
Click to Copy
Download
HTML Embed
HTML EMBED
Click to Copy
Download
HTML Embed
HTML EMBED
Click to Copy
Marketplace Morning Report
Download
HTML Embed
HTML EMBED
Click to Copy
Marketplace Morning Report
Download
HTML Embed
HTML EMBED
Click to Copy
Marketplace Morning Report
Download
HTML Embed
HTML EMBED
Click to Copy
Download
HTML Embed
HTML EMBED
Click to Copy
Download
HTML Embed
HTML EMBED
Click to Copy
Marketplace Morning Report

IEA releases new oil market numbers amid demand concerns

Scott Tong Oct 11, 2019
Share Now on:
HTML EMBED:
COPY
KAREN BLEIER/AFP/Getty Images

Amid concerns in the market that global oil demand continues to be weak, the International Energy Agency released its highly anticipated monthly oil report. Demand is growing, according to the report, but barely; it’s at the lowest rate in a decade.

Less than a month ago, the key concern was supply, following attacks on oil facilities in Saudi Arabia took offline more than five million barrels of crude per day. But prices came back quickly, as Saudi supply resumed, said Ellen Wald of Transversal Consulting.

Weak economic growth in the world economy underlies concerns about weak oil demand. Notably, growth in China and India — key drivers of demand in the world — have slowed, said Antoine Halff of the energy analytics firm Kayrros.

Fall of the Berlin Wall
Fall of the Berlin Wall
The financial lessons of Germany's reunification 30 years ago.  
Check Your Balance ™️
Check Your Balance ™️
Personal finance from Marketplace. Where the economy, your personal life and money meet.
How We Survive
How We Survive
Climate change is here. Experts say we need to adapt. This series explores the role of technology in helping humanity weather the changes ahead.