OPEC cuts oil demand growth forecast - Search News

OPEC cuts outlook for oil demand

GlobalData on MSN · 6d

OPEC cuts oil demand growth projections

The body’s monthly report indicates a 2025 growth at 1.7 million barrels per day (mbbl/d), slightly below this year’s figure.

Seeking Alpha on MSN · 7d

OPEC again cuts global oil demand growth forecast

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 for 2024 to 2.

OPEC cuts forecast for oil demand growth, revises forecast for coming years

OPEC has revised its forecast for global oil demand growth this year, lowering it to approximately two million barrels per day. According to its late

OPEC again lowers 2024, 2025 global oil demand growth view

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 second consecutive downward revision.

Seeking Alpha · 6d

OPEC cuts outlook for oil demand further as prices fall

OPEC sees demand as healthy with strong demand for air travel and car transportation, along with industrial, construction and agricultural activities in non-OECD countries.

Investopedia on MSN · 6d

Crude Oil Prices Fall to Lowest Level of 2024 as OPEC Cuts Demand Outlook

U.S. and international crude oil futures skidded to their lowest levels in more than a year after the influential oil producing group cut its 2024 outlook, citing weakness in Chinese demand.

Crude Oil Prices · 3d

Macquarie Sees "Heavy Surplus" for Oil in 2025, Cuts Oil Price Forecast

Weaker-than-expected demand is set to tip the oil market into a surplus over the next five quarters, Macquarie said in a Friday note

NBC 10 Philadelphia · 6d

U.S. crude oil sheds gains, falls more than 1% to trade below $68 per barrel as OPEC cuts forecast

OPEC now expects demand to grow by about 2 million barrels per day in 2024, some 80,000 bpd slower than its previous forecast.

The Globe and Mail · 7d

OPEC again lowers its 2024, 2025 global oil demand growth forecast

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 2.11 million bpd it expected last month

Wall Street Journal · 6d

Oil Prices Higher But Demand Outlook Remains a Concern

Oil prices were higher in early Asian trade, but investors remain concerned about the weak demand outlook.

7d

OPEC Drops 2024 Crude Oil Demand Forecast For Second Straight Month

For the second consecutive month, OPEC slightly cut its forecast for 2024 global crude oil demand in its September Oil Market ...

5d

IEA cuts 2024 oil demand growth forecast on China slowdown

Global oil demand will rise less than previously thought this year, led by weakness in China, the International Energy Agency ...

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