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      • We reduced our forecast of total OECD oil consumption by 0.2 million b/d in 2025 compared with last month’s STEO as a result of weaker expectations for industrial production and manufacturing growth in the United States and Canada.
      www.eia.gov/outlooks/steo/report/global_oil.php
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  2. Oct 14, 2024 · LONDON, Oct 14 (Reuters) - OPEC on Monday cut its forecast for global oil demand growth in 2024 reflecting data received so far this year and also lowered its projection for next...

  3. Sep 10, 2024 · OPEC on Tuesday cut its forecast for global oil demand growth in 2024, reflecting data received so far this year and also trimmed its expectation for next year, marking the producer group’s...

  4. Jun 2, 2024 · The group said in a statement it would extend a cut of 1.65 million barrels per day, announced in April 2023, until the end of 2025. That cut was due to expire at the end of this year.

  5. 2 days ago · Global oil demand seen up 1 mln-1.5 mln bpd in 2025. For table of crude price forecasts, click. Oct 31 (Reuters) - Concerns around demand from top consumer China, prospects of higher supply from ...

  6. Sep 10, 2024 · 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.

  7. Oct 14, 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,...

  8. Oct 14, 2024 · Crude oil prices fell Monday after the Organization of the Petroleum Exporting Countries (OPEC) reduced its oil demand outlook for 2024 and 2025 once again, citing data received so far...

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