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IEA: Carbon Emissions Didn't Grow in 2019; Oil Demand to Fall in First Quarter

Tags: energy oil
DATE POSTED:February 14, 2020

In two separate reports, the International Energy Agency made two surprising announcements this past week. The first came on Feb. 11, when it reported that global carbon dioxide emissions were essentially flat in 2019 from the prior year.

The second announcement came in the IEA's monthly oil market report for February, when it said it now expected global oil demand would fall by 435,000 barrels of oil per day in the first quarter of 2020.

Image source: Getty Images.

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Tags: energy oil