The body’s monthly report indicates a 2025 growth at 1.7 million barrels per day (mbbl/d), slightly below this year’s figure.
For the second consecutive month, OPEC slightly cut its forecast for 2024 global crude oil demand in its September Oil Market ...
OPEC on Tuesday cut its forecast for global oil demand growth for this year, mainly to reflect data received year to date. In its latest monthly oil report, the group cut its demand growth projection ...
OPEC has revised its forecast for global oil demand growth this year, lowering it to approximately two million barrels per ...
OPEC on Tuesday cut its forecast for global oil demand growth in 2024 reflecting data received so far this year and also ...
OPEC sees demand as healthy with strong demand for air travel and car transportation, along with industrial, construction and ...
The OPEC+ alliance faces increasing challenges in countering the prevailing bearish sentiment in oil markets, with limited ...
U.S. and international crude oil futures skidded to their lowest levels in more than a year after the influential oil ...
Global oil demand will rise less than previously thought this year, led by weakness in China, the International Energy Agency ...
Oil prices fell over 3% on Tuesday, marking the lowest levels since December 2021. OPEC's monthly report indicates a reduced ...
Oil prices ticked higher on Thursday, after a large interest rate cut from the U.S. Federal Reserve, and as investors ...
OPEC said in a monthly report that world oil demand will rise by 2.03 million barrels per day in 2024, down from growth of ...