OIL DEMAND SET TO HIT NEW RECORD HIGH IN 2023- EXPECT HIGH PRICES AND LOE DEMAND (IEA)
The energy watchdog predicted the world’s crude oil demand would jump to a record 101.9 million barrels a day in 2023, up by 2 million barrels a day from last year. Developing economies could account for 87% of the expected demand growth this year, the IEA said, while China alone could account for at least…