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Jul 10, 2024 · OPEC sees world oil demand rising by 2.25 million bpd in 2024. Expects an increase of 1.85 million bpd in 2025. Both forecasts unchanged from last month. Oil forecasters split more widely than...
Jul 11, 2024 · The Organization of the Petroleum Exporting Countries said on Wednesday that global oil demand would jump by 2.25 million barrels per day (mbbl/d) in 2024, writing in its monthly report.
Jul 11, 2024 · Additional takeaways. 2025 global supply growth will reach 1.8 mln bpd, with US, Canada, Guyana and Brazil leading gains. Oil supply growth in 2024 to hit 770,000 bpd, boosting oil supply to a ...
Jul 10, 2024 · OPEC+ predicts global oil demand to grow by 2.25 million barrels per day, driven by expectations of continued economic expansion and a resurgence in air travel.
Jul 9, 2024 · We expect oil prices will increase from an average of $82/b in June to $89/b for the remainder of 2024 and $91/b in 1Q25. Total oil inventories in the OECD remain near the lower bound of their recent five-year range (2019–2023).
Jul 10, 2024 · The Organization of the Petroleum Exporting Countries, in a monthly report, said world oil demand would rise by 2.25 MMbpd in 2024 and by 1.85 MMbpd in 2025. Both forecasts were unchanged from last month.
Jun 27, 2024 · Global oil demand will continue to grow well into the future albeit at a slightly decelerating rate because of government legislation and a slight penetration of EVs into the global transport...
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related to: will world oil demand grow in 2024 map of the us united states state gnomeEY-Parthenon Global Economy Insights Provide You With an Understanding of Economic Forces. Stay Informed About the Future of the Global Economy with EY-Parthenon Insights.