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1. www.reuters.com › markets › commoditiesOPEC cuts 2024, 2025 global oil demand growth view again

   www.reuters.com › markets › commodities

   5 days ago · On Monday, OPEC in a monthly report said world oil demand will rise by 1.93 million barrels per day (bpd) in 2024, down from growth of 2.03 million bpd it expected last month.

   • In first look at 2025, OPEC expects robust oil demand growth

     OPEC, in a monthly report, said world oil demand will rise...

2. www.opec.org › opec_web › static_files_projectFeature article: Oil market outlook for 2025 - OPEC

   www.opec.org › opec_web › static_files_project

   The global oil demand growth forecast for 2024 remains unchanged at 2.2 mb/d, with the OECD growing by around 0.3 mb/d and the non-OECD by about 2.0 mb/d. The global oil demand growth in 2025 is expected to see a robust growth of 1.8 mb/d, y-o-y. The OECD is expected to grow by 0.1 mb/d, y-o-y, while demand in

3. www.investopedia.com › opec-cuts-oil-demandOPEC Cuts Oil Demand Outlook, Again - Investopedia

   www.investopedia.com › opec-cuts-oil-demand

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   5 days ago · The coalition of oil-producing nations said in its monthly report that world oil demand is set to rise by 1.93 million barrels per day (B/D) in 2024 and 1.64 million B/D in 2025. Last month, OPEC ...

4. www.reuters.com › markets › commoditiesIn first look at 2025, OPEC expects robust oil demand growth

   www.reuters.com › markets › commodities

   Jan 17, 2024 · OPEC, in a monthly report, said world oil demand will rise by 1.85 million barrels per day in 2025 to 106.21 million bpd. For 2024, OPEC saw demand growth of 2.25 million bpd, unchanged from last ...

5. www.reuters.com › business › energyOPEC again lowers 2024, 2025 global oil demand growth view

   www.reuters.com › business › energy

   Sep 10, 2024 · The group was upbeat on the economic front, nudging up its 2024 economic growth forecast to 3% from 2.9%. OPEC left its 2025 view unchanged at 2.9% and said there was potential to revise up next ...

6. www.bnnbloomberg.ca › investing › 2024/10/14OPEC Cuts Global Oil Demand Growth Forecasts for Third ...

   www.bnnbloomberg.ca › investing › 2024/10/14

   5 days ago · (Bloomberg) -- OPEC trimmed its forecasts for oil demand growth this year and next for a third consecutive month as the group belatedly recognizes a slowdown in global fuel use. Global oil consumption will increase by 1.9 million barrels a day — roughly 2% — in 2024, or 106,000 barrels a day less than previously forecast, the Organization of Petroleum Exporting Countries said in its ...

7. People also ask

   What is OPEC's outlook for 2025?

   • OPEC left its 2025 view unchanged at 2.9% and said there was potential to revise up next year's figure. For next year, OPEC cut its 2025 global oil demand growth estimate to 1.74 million bpd from 1.78 million bpd, also at the top end of what the industry expects.

   OPEC again lowers 2024, 2025 global oil demand growth view

   www.reuters.com/business/energy/opec-again-lowers-2024-2025-global-oil-demand-growth-view-2024-09-10/

   See all results for this question

   Will OPEC increase oil demand in 2024?

   • On Monday, OPEC in a monthly report said world oil demand will rise by 1.93 million barrels per day (bpd) in 2024, down from growth of 2.03 million bpd it expected last month. Until August, OPEC had kept the forecast unchanged since it was first made in July 2023. China accounted for the bulk of the 2024 downgrade.

   OPEC cuts 2024, 2025 global oil demand growth view again

   www.reuters.com/markets/commodities/opec-cuts-2024-2025-global-oil-demand-growth-view-again-2024-10-14/

   See all results for this question

   Why did OPEC cut its forecast for 2025?

   • OPEC said this year's demand growth was still above the historical average of 1.4 million bpd seen prior to the COVID-19 pandemic, which caused a plunge in oil use. For next year, OPEC cut its 2025 global demand growth estimate to 1.64 million bpd from 1.74 million bpd.

   OPEC cuts 2024, 2025 global oil demand growth view again

   www.reuters.com/markets/commodities/opec-cuts-2024-2025-global-oil-demand-growth-view-again-2024-10-14/

   See all results for this question

   What is OPEC crude demand in 2025?

   • b/d higher than the estimated level in 2023.Based on an initial forecast for global demand, total non-OPEC supply and OPEC NGLs, demand for OPEC crude in 2025 is forecast to stand at 29.0 mb/d, which is 0.5 Dema duction Demand for OPEC crude3530252015

   Feature article: Oil market outlook for 2025 - OPEC

   www.opec.org/opec_web/static_files_project/media/downloads/publications/OPEC_MOMR_January-2024.pdf

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   Will world oil demand rise in 2025?

   • OPEC, in a monthly report, said world oil demand will rise by 1.85 million barrels per day in 2025 to 106.21 million bpd. For 2024, OPEC saw demand growth of 2.25 million bpd, unchanged from last month.

   In first look at 2025, OPEC expects robust oil demand growth

   www.reuters.com/markets/commodities/opec-sticks-2024-oil-demand-view-sees-more-growth-2025-2024-01-17/

   See all results for this question

   Why did OPEC cut its forecasts for oil demand growth?

   • (Bloomberg) -- OPEC trimmed its forecasts for oil demand growth this year and next for a third consecutive month as the group belatedly recognizes a slowdown in global fuel use.

   OPEC Cuts Global Oil Demand Growth Forecasts for Third Consecutive …

   www.bnnbloomberg.ca/investing/2024/10/14/opec-cuts-global-oil-demand-growth-forecasts-for-third-consecutive-month/

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8. www.opec.org › opec_web › enNews - OPEC

   www.opec.org › opec_web › en

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   01 Jul 2024 | Vienna, Austria, 1 July 2024--The Organization of the Petroleum Exporting Countries (OPEC) will launch the 2024 edition of its Annual Statistical Bulletin (ASB) on Tuesday, 2 July 2024, at 14:00 at the OPEC Secretariat in Vienna, Austria. The event will be held in a hybrid format. Al Ghais: Peak oil demand not on the horizon.