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    • 43.2 million bpd

      • In the report, OPEC projected 2024 demand for DoC crude at 43.2 million bpd, compared with world oil demand of 104.5 million bpd, and said the group produced 41.02 million bpd in April, below the expected demand.
      www.reuters.com/business/energy/opec-sticks-oil-demand-view-sees-potential-economic-upside-2024-05-14/
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  2. This year’s publication sees the timeframe extended to 2050 with energy demand set to increase by 24% and oil demand reaching 120.1 million barrels a day by the end of the forecast period.

  3. The OPEC Monthly Oil Market Report (MOMR) covers major issues affecting the world oil market and provides an outlook for crude oil market developments for the coming year. The report provides a detailed analysis of key developments impacting oil market trends in world oil demand, supply as well as the oil market balance.

  4. oil demand is expected to see robust growth of 1.8 mb/d, y-o-y. The OECD is expected to grow by 0.1mb/ d, y-o-y, while demand in the non-OECD is forecast to increase by 1.7 mb/d.

  5. Jan 17, 2024 · OPEC estimated the call on its crude at 28.49 million b/d for 2024 and 28.96 million b/d for 2025, above output of 26.7 million b/d in December 2023, according to secondary sources used by the organization to monitor production.

  6. 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...

  7. Foreword. For OPEC, it is a great honour to launch the World Oil Outlook (WOO) 2024 in Brazil. The country’s comprehensive and inclusive approach to energy issues has been on display through its G20 presidency in 2024, and will no doubt be central to its hosting of COP30 in 2025. This stance is fully in line with OPEC’s development of its ...

  8. May 14, 2024 · In the report, OPEC projected 2024 demand for DoC crude at 43.2 million bpd, compared with world oil demand of 104.5 million bpd, and said the group produced 41.02 million bpd in April,...

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