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The Guardian - UK
The Guardian - UK
Business
Jillian Ambrose Energy correspondent

Global oil demand on course for record as China’s economy rebounds

The sun sets near a pump-jack outside Sommesous, France
The price of a barrel of oil rose from $85.62 to $86.10 on Friday morning. Photograph: Pascal Rossignol/Reuters

Global demand for oil this year is on track to rise to a record 101.9m barrels per day as China leads an economic surge among developing nations, the world’s leading energy body has forecast.

The International Energy Agency’s predicted daily average for 2023 is 2m bpd higher than last year’s figure.

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