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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...
- In first look at 2025, OPEC expects robust oil demand growth
OPEC also cut its 2025 global demand growth estimate to 1.64 million bpd from 1.74 million bpd. (Editing by Tomasz Janowski and Bernadette Baum) FILE PHOTO: A 3D printed oil pump jack is seen in ...
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
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 ...
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 ...
Jan 17, 2024 · OPEC's positive demand growth projections are based on an expected economic growth of 2.8% in 2025, compared to 2.6% in 2024, on declining inflation and expectations for key policy rates to peak in the first half of 2024.
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Jan 18, 2024 · Grant Smith, BloombergJanuary 18, 2024. (Bloomberg) – OPEC forecast that global oil demand will continue to increase strongly next year and exceed growth in supplies, according to the group’s ...