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IEA ups oil demand forecast as vaccinations brighten outlook

Published by linker 5

Posted on April 14, 2021

1 min read

Last updated: January 21, 2026

Crude oil storage tank in Permian Basin reflecting rising demand forecast - Global Banking & Finance Review — This image captures a crude oil storage tank in the Permian Basin, highlighting the oil industry's response to increased demand forecasts amid vaccination efforts. It relates to the IEA's optimistic outlook on oil consumption.