MarketWatch | Oil futures drop after IEA cuts demand forecast MarketWatch Matt Parry, IEA senior oil economist, told MarketWatch that the key takeaway from the report is that global oil demand growth is “slowing very sharply.” Year-over-year demand growth for the third quarter of 2015 was at 2.3 million barrels a day, he said. Rebalancing the oil market will take longer than we thought: IEA Global oil glut to last into 2017 — IEA Oil Falls on Weak Demand Growth |