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      • The Organization of the Petroleum Exporting Countries left its estimates for global oil-demand growth unchanged for this year and next, while reporting a fall in crude output as the market awaits the cartel’s next production policy move at its upcoming meeting in June.
      www.msn.com/en-us/money/markets/opec-sticks-to-oil-demand-view-posts-fall-in-overall-output/ar-BB1mmigd
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  2. May 14, 2024 · OPEC stuck to its forecast for strong growth in global oil demand in 2024 on Tuesday and said it would switch to focus on projected demand for OPEC+ crude, reflecting that the wider group is now...

  3. May 14, 2024 · OPEC stuck to its forecast for strong growth in global oil demand in 2024 on Tuesday and said it would switch to focus on projected demand for OPEC+ crude, reflecting that the wider group is...

  4. LONDON (Reuters) -OPEC stuck to its forecast for strong growth in global oil demand in 2024 on Tuesday and said it would start projecting demand for OPEC+ crude, reflecting that the wider group...

  5. May 14, 2024 · OPEC left its forecast for 2025 demand growth unchanged at 1.8 mbd. Supply from producers outside of OPEC+ — made up of OPEC and its allies, led by Russia — is expected to grow by 1.2 mbd in...

  6. May 14, 2024 · Demand growth to outpace non-OPEC+ supply rise. OPEC retained its forecasts for global oil demand in 2024 and 2025, despite facing significant uncertainty around geopolitical developments and economic projections, it said May 14, in its closely watched monthly oil market report.

    • Rosemary Griffin
  7. Feb 13, 2024 · Both forecasts were unchanged from last month. A further boost to economic growth could give additional tailwind to oil demand. OPEC's 2024 demand growth forecast is already higher than...

  8. Apr 3, 2024 · A meeting of senior OPEC+ ministers kept oil output policy unchanged and pressed some countries to increase compliance with output cuts, a decision that spurred international crude prices to...

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