![The International Energy Agency expects global oil demand to surge to record levels this year on China’s recovery. Getty](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/Z2XZ5EAWQVEROEBN44EBJKMAKU.jpg?smart=true&auth=e9766f7b50550686b0d7904fcf979e7c2052576fef41bb2fb06a681a58393fad&width=400&height=225)
The International Energy Agency expects global oil demand to surge to record levels this year on China’s recovery. Getty
The International Energy Agency expects global oil demand to surge to record levels this year on China’s recovery. Getty
Oil steadies amid rising US crude stocks and improving China outlook
US crude inventories rose by 1.2 million barrels last week, the Energy Information Administration says