oil demand 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...

IEA Adjusts Oil Demand Projections: Lower 2024, Higher 2025

The IEA has revised its global oil demand growth forecasts, projecting 840,000 bpd for 2024 and 1.1 million bpd for 2025, reflecting changes in the energy market.

OPEC Lowers Global Oil Demand Growth Forecast Amid Uncertainty

OPEC has revised its global oil demand growth forecast for 2024 to 1.6 million barrels per day, down from 1.8 million. Total world oil demand is expected to reach 105.5 million bar...