UAE sends 30 tonnes of food aid to support drought-affected communities in Kenya
UAE provides urgent relief to support flood-affected communities in Mozambique
UAE signs cooperation agreement with UN World Food Programme to support humanitarian efforts in sudan
UAE reopens Sheikh Zayed Child Care Complex in Istanbul following comprehensive redevelopment
IEA Predicts Global Oil Market Surplus in 2025London, 13 Mar (ONA) — The International Energy Agency (IEA) said
in a monthly oil market report today that the global oil supply
could exceed demand by around 600,000 barrels per day this year (2025),
after a downward revision to its 2025 demand growth forecast.
The IEA lowered its 2025 oil demand growth forecast by 70,000
barrels per day to about 1 million barrels per day, with Asia,
particularly the Chinese petrochemical industry, contributing
significantly to this growth.— Ends/Khalid
