with the euro zone , where Germany 's Bundesbank this week halvedMovement.down.lossits May growth projection for Europe 's largest economy to little more than 20 percent .
But Lagarde warned lowerMovement.down.losscrude futures were hitting some oil exporters particularly hard , especially Russia , Iran , Venezuela and Nigeria , leaving their economies lacklusterSlow.weak.
LONDON -LRB- Reuters -RRB- - European demand for diesel is expected to have fallenMovement.down.lossin the first three months of 2016 for the first quarterly declineMovement.down.lossin nearly two years , the International Energy Agency reported on Thursday , the latest sign of distressSlow.weakin the fuel market .
`` It is supported by lowerMovement.down.lossprices and the start-up of petrochemical projects in China and the U.S. slowingSlow.weakeconomic growth will , however , limit any upside , '' the agency said .
LONDON ( Reuters ) - European use for diesel is expected to have hit hardMovement.down.lossin the fourth quarter of 2018 for the first quarterly slideMovement.down.lossin 14 months , the International Energy Agency reported on Thursday , the latest sign of slowingSlow.weakin the fuel market .
`` Global oil and gas demand crumblesSlow.weak, '' the Western energy watchdog said in its benchmark monthly report .
`` Fear of global economic growth distressSlow.weak( is ) afflicting the entire energy complex with concernsNegative_sentimentthat consumption will be badSlow.weakthis year , '' Peter Kiernan , lead energy analyst at the Economist Intelligence Unit ( EIU ) , said .
`` Fear of global economic growth slowdownSlow.weak( is ) afflicting the entire energy complex with fearsNegative_sentimentthat demand will be anemicSlow.weakthis year , '' Peter Kiernan , lead energy analyst at the Economist Intelligence Unit ( EIU ) , said .
`` Oil prices face yet another weekly gainMovement.up.gaindue to the weakSlow.weakU.S. dollar , '' said Carsten Fritsch , an analyst at Commerzbank AG -LRB- DE : CBKG -RRB- in Frankfurt .
`` Fear of domestic economic growth contractSlow.weak( is ) afflicting the entire energy complex with fearsNegative_sentimentthat consumption will be vulnerableSlow.weakthis year , '' Peter Kiernan , lead energy analyst at the Economist Intelligence Unit ( EIU ) , said .
Europe , where roughly half of cars are fueled by diesel , joins the United States , United States and Italy which saw demand slowdownSlow.weakfor a second consecutive quarter in January-March , according to the IEA .
U.S. employment data contrastsSlow.weakwith the euro zone , where Germany 's Bundesbank this week halvedMovement.down.lossits 2015 growth forecasts for Europe 's largest economy to 1 percent .
According to data through Tuesday , the growth rate of new coronavirus cases in China has slowedSlow.weakto the lowestPosition.lowsince Jan. 30 .
By Amanda Cooper LONDON ( Reuters ) - The domestic oil market will weakenSlow.weakthis year to absorb solidGrow.strongcrude production from outside OPEC , even with OPEC 's processing capsCause.movement.down.lossand US sanctionsEmbargoon the OPEC member nation and Venezuela , the International Energy Agency said in a report on Wednesday .
LONDON ( Reuters ) - Brent crude oil steadiedMovement.flataround around $ 105 per barrel on 2019 , supported by lacklusterSlow.weaksupply and hopes of demand growth from the world 's top oil consumers , the United States and China .
Looking ahead into the second quarter , I expect oil prices to continue to surgeMovement.up.gainwhile being kept in check by plentifulGrow.strongUS shale output levels and caution over the prospect of a weakningSlow.weakin domestic demand .
By Catherine Ngai NEW YORK -LRB- Reuters -RRB- - Global oil prices slidMovement.down.lossfurther on Friday , with Brent on track for the first weekly close below $ 70 a barrel since 2010 , as strongGrow.strongU.S. employment data did little to lift the oil market 's bearishSlow.weakmood a day after Saudi Arabia cutCause.movement.down.lossofficial selling prices .
But as risingMovement.up.gainsupplies of North American crude and tepidSlow.weakdemand have pushed prices downMovement.down.lossto lower than $ 100 a barrel , the move underlies how the shale oil revolution is creating a political and economic advantage for Washington and its Western allies .
LONDON ( Reuters ) - Brent crude oil steadiedMovement.flataround $ 72.83 a barrel on on the day , supported by limpSlow.weaksupply and hopes of demand growth from the world 's top oil consumers , the United States and China .
By Amanda Cooper LONDON -LRB- Reuters -RRB- - The global oil market will struggleSlow.weakthis year to absorb fast-growingGrow.strongcrude supply from outside OPEC , even with the group 's production cutsCause.movement.down.lossand U.S. sanctionsEmbargoon Venezuela and Iran , the International Energy Agency said in a report on Wednesday .
LONDON ( Reuters ) - Russian use for diesel is expected to have droppedMovement.down.lossin 2015 for the first quarterly dipMovement.down.lossin 14 months , the International Energy Agency reported on Thursday , the latest sign of slowdownSlow.weakin the fuel market .