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1. 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

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

   www.reuters.com › markets › commodities

   5 days ago · Exclusive news, data and analytics for financial market professionals Learn more about Refinitiv. World. ... OPEC cut its 2025 global demand growth estimate to 1.64 million bpd from 1.74 million bpd.

3. 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 ...

4. www.spglobal.com › commodityinsights › enOPEC optimistic on global oil demand growth in 2024, 2025 on ...

   www.spglobal.com › commodityinsights › en

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   Jan 17, 2024 · The OPEC+ alliance is next scheduled to meet in Vienna June 1, though ministers have said they could convene earlier, if needed, to adjust production quotas as market conditions warrant. 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 ...

5. www.bloomberg.com › news › articlesOPEC Sees Robust Oil Demand Next Year in First Look at 2025

   www.bloomberg.com › news › articles

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   Jan 17, 2024 · 3:01. OPEC forecast that global oil demand will continue to increase strongly next year and exceed growth in supplies, according to the group’s first detailed assessment of 2025. World ...

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

   www.reuters.com › business › energy

   Sep 10, 2024 · 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 ...

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/

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   Will OPEC cut its global demand growth estimate in 2025?

   • For next year, OPEC cut its 2025 global demand growth estimate to 1.64 million bpd from 1.74 million bpd. OPEC+ has implemented a series of output cuts since late 2022 to support the market, most of which are in place until the end of 2025.

   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/

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   What will OPEC cut in 2025?

   • 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+ has implemented a series of output cuts since late 2022 to support the market, most of which are in place until the end of 2025.

   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/

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   Will OPEC forecast a strong growth in oil demand in 2024?

   • Sign up here. Our Standards: The Thomson Reuters Trust Principles. OPEC on Wednesday stuck to its forecast for relatively strong growth in global oil demand in 2024 and said 2025 will see a robust increase in oil use, led by China and the Middle East, in a surprise early prediction.

   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/

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   How will OPEC affect the oil market in 2025?

   • OPEC sees sees rival supplies expanding by 1.3 million barrels a day next year. As a result, oil markets are set to remain in deficit through to the end of 2025 unless Saudi Arabia and its allies — which launched new production cuts this month — boost output significantly.

   OPEC Sees Robust Oil Demand Next Year in First Look at 2025

   www.bloomberg.com/news/articles/2024-01-17/opec-sees-robust-oil-demand-next-year-in-first-look-at-2025

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   Will 2025 see a strong growth in global oil demand?

   • LONDON, Jan 17 (Reuters) - OPEC on Wednesday stuck to its forecast for relatively strong growth in global oil demand in 2024 and said 2025 will see a robust increase in oil use, led by China and the Middle East, in a surprise early prediction.

   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/

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8. www.opec.org › opec_web › enWorld Oil Outlook - OPEC

   www.opec.org › opec_web › en

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   OPEC’s World Oil Outlook (WOO) is part of the Organization’s commitment to market stability. The publication is a means to highlight and further the understanding of the many possible future challenges and opportunities that lie ahead for the oil industry. It is also a channel to encourage dialogue, cooperation and transparency between OPEC ...