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The Chinese construction industry is projected to grow by 3.2% in real terms in 2025, driven by investments in infrastructure and energy. Despite challenges like sluggish residential demand and trade tensions with the US, growth is expected to average 4.2% annually from 2026-2029. Key projects include transport, industrial developments, and initiatives supporting China's goal for net-zero emissions by 2060. The "Construction in China - Key Trends and Opportunities to 2029 (Q2 2025)" report offers comprehensive insights on market prospects, industry trends, and major projects, aiding stakeholders in strategizing and navigating risks. The Chinese construction industry is projected to grow by 3.2% in real terms in 2025, driven by investments in infrastructure and energy. Despite challenges like sluggish residential demand and trade tensions with the US, growth is expected to average 4.2% annually from 2026-2029. Key projects include transport, industrial developments, and initiatives supp

The International Energy Agency said China's oil demand will stop growing earlier than expected. The IEA predicts the nation's demand will top out in 2027, and worldwide oil use two years after that.

Global demand for oil from combustible fossil fuels could peak as early as 2027, according to the International Energy Agency.

The West's energy watchdog said on Friday it was ready to release oil stocks should the market experience shortages following Israel's attack on Iran, drawing criticism from rival OPEC which said the statement would only create fear in the market.

Toril Bosoni, International Energy Agency oil markets head, discusses the outlook for global oil demand as the IEA said it is expected to slow down for the rest of 2025 amid economic headwinds. "We're seeing an oversupplied market for the remainder of this year and extending into 2026," Bosoni tells Bloomberg's Francine Lacqua.

Global oil demand growth is expected to be stronger than previously anticipated due to lower oil prices and a less severe hit of U.S. tariffs on the economy, the International Energy Agency said.

International Energy Agency Executive Director Fatih Birol discusses the outlook for oil production and prices in light of current geopolitical uncertainties. "This year, we expect the oil demand to increase about 700,000 barrels per day, and the production growth is significantly higher than that," Birol told Bloomberg Television.

Oil prices retreat as supply builds and demand forecasts fade. WTI slips on bearish data, with resistance near $61.55 capping recovery attempts.

Natasha Kaneva, JPMorgan head of global commodities, shares her thoughts about oil demand and how oil prices are tied to the US dollar. Kaveva also says copper is trading too high at the moment.

CVX, COP and EOG offer stability and upside, as OPEC's outlook signals slower growth but confirms oil's lasting role in the global economy.