2025 forecast News

OPEC Maintains Steady Oil Demand Outlook for 2025 Amid Global Economic Shifts

OPEC maintains its global oil demand growth forecast for 2025 at 1.4 million barrels per day, driven by strong air travel, road mobility, and industrial activities in non-OECD coun...

Jerome Powell's Optimistic Outlook on US Economy for 2025

Federal Reserve Chair Jerome Powell expressed optimism about the US economy for 2025, citing a successful avoidance of recession and a strong policy stance. He also noted geopoliti...

EIA Lowers 2025 Oil Price Forecasts: What's Driving the Change?

The EIA has lowered its 2025 forecasts for Brent and WTI oil prices, citing potential inventory buildup. Brent is now expected to average $73.58 per barrel, and WTI $69.12 per barr...