`` 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 .
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 .
`` Fear of global economic growth slowdownSlow.weak( is ) afflicting the entire energy complex with fearsNegative_sentimentthat demand will be diminishedSlow.weakthis year , '' Peter Kiernan , lead energy analyst at the Economist Intelligence Unit ( EIU ) , said .
LONDON ( Reuters ) - European demand for diesel is expected to have collapsedMovement.down.lossin the fourth quarter of 2018 for the first quarterly fallMovement.down.lossin nearly two years , the International Energy Agency reported on Thursday , the latest sign of slowdownSlow.weakin the fuel market .
`` Barring a large additional geopolitical disruptionCause.movement.down.loss, producers face a supply tsunami even before factoring in a growth slowdownSlow.weak, '' said Bob McNally , president of Rapidan Energy Advisors LLC and a former oil official at the White House under President George W. Bush .
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 .