OPEC News

OPEC Adjusts 2025 Global Oil Demand Forecast to 1.3M bpd Amid Economic Shifts

OPEC revises its 2025 global oil demand growth forecast down to 1.3M bpd, citing Q1 data and US tariffs. OECD and non-OECD countries show varied demand growth adjustments, with a s...

OPEC Lowers Global Growth Forecast to 3% Amid Trade Uncertainty and Economic Slowdown

OPEC has downgraded its global economic growth forecast for 2025 to 3%, citing trade uncertainties and slowdowns in major economies like the US, Eurozone, and China, with a slight ...

OPEC Adjusts 2025 Oil Demand Forecast to 1.3M bpd Amid Global Economic Shifts

OPEC lowers its 2025 global oil demand growth forecast to 1.3 million bpd, citing first-quarter data and U.S. tariffs. Adjustments in OECD and non-OECD demand projections are also ...

OPEC Lowers Global Growth Forecast to 3% Amid Trade Uncertainties and Economic Slowdown

OPEC revises the global growth forecast down to 3% for 2025, citing trade uncertainties. The US, Eurozone, and China face varied growth adjustments, with global prospects cautiousl...

OPEC Adjusts 2025 Oil Demand Forecast Downward Amid Global Economic Shifts

OPEC lowers its 2025 global oil demand growth forecast to 1.3 million bpd, citing Q1 data and U.S. tariffs, with adjusted projections for OECD and non-OECD countries.

OPEC Lowers Global Growth Forecast to 3% Amid Trade Uncertainties and Economic Slowdown

OPEC has downgraded the global economic growth forecast to 3% for 2025, citing trade uncertainties. The US, Eurozone, and China face varied growth adjustments, with global growth f...

OPEC Slashes 2025 Oil Demand Growth Forecast to 1.3M bpd Amid Economic Shifts

OPEC revises its 2025 global oil demand growth forecast down to 1.3 million bpd, citing Q1 data and US tariffs. OECD and non-OECD countries show varied growth rates, with overall d...

OPEC Lowers Global Growth Forecast to 3% Amid Trade Uncertainties and Economic Slowdown

OPEC revises global growth forecast down to 3% for 2025, citing trade uncertainties. The US and Eurozone face slowdowns, while China shows resilience with growth projections of 4.6...

OPEC Adjusts 2025 Oil Demand Forecast to 1.3M bpd Amid Global Economic Shifts

OPEC revises its 2025 global oil demand growth forecast down to 1.3 million bpd, citing Q1 data and US tariffs. OECD and non-OECD countries show varied growth rates, with a continu...

OPEC Lowers Global Economic Growth Forecast to 3% Amid Trade Uncertainties

OPEC revises global economic growth forecast down to 3% for 2025, citing trade uncertainties. The US and Eurozone face slower growth, while China is expected to maintain steady exp...

OPEC Adjusts 2025 Oil Demand Forecast Downward to 1.3M bpd Amid Global Economic Shifts

OPEC lowers its 2025 global oil demand growth forecast to 1.3 million bpd due to Q1 data and U.S. tariffs, with OECD and non-OECD countries seeing adjusted growth rates.

OPEC Lowers Global Growth Forecast to 3% Amid Trade Uncertainties and Economic Slowdown

OPEC revises global growth forecast down to 3% for 2025, citing trade uncertainties. The US, Eurozone, and China face varied growth adjustments, with global projections for 2026 at...

OPEC Lowers 2025 Oil Demand Growth Forecast to 1.3M bpd Amid Global Economic Shifts

OPEC revises its 2025 global oil demand growth forecast down to 1.3 million bpd, citing first-quarter data and U.S. tariffs. OECD and non-OECD countries show varied demand adjustme...

OPEC Lowers Global Growth Forecast to 3% Amid Trade Uncertainties and Economic Slowdown

OPEC revises global economic growth forecast down to 3% for 2025, citing trade uncertainties. The US, Eurozone, and China face varied growth prospects, with global growth in 2026 p...

OPEC Holds Steady on 2025 Oil Demand Growth Forecast Amid Global Economic Trends

OPEC maintains its 2025 global oil demand growth forecast at 1.4 million bpd, with OECD and non-OECD countries contributing 0.1 million bpd and 1.3 million bpd, respectively. The t...

OPEC Maintains Global Growth Forecast at 3.1% for 2025 Amid Economic Uncertainties

OPEC has maintained its global economic growth forecast for 2025 and 2026 at 3.1% and 3.2%, respectively. The report also provides steady GDP growth projections for the US, Eurozon...

OPEC Holds Steady on 2025 Global Oil Demand Growth Forecast Amid Economic Shifts

OPEC's March report forecasts a stable global oil demand growth of 1.4 million bpd for 2025, with significant contributions from non-OECD countries. The total world oil demand is r...

OPEC Holds Steady: Global Economic Growth Forecast for 2025 Remains at 3.1%

OPEC maintains its global economic growth forecast for 2025 at 3.1%, with similar projections for 2026. The United States, Eurozone, and China are expected to see steady growth, de...

OPEC Maintains Steady Oil Demand Growth Forecast for 2025 Amid Global Economic Shifts

OPEC's March report maintains its 2025 global oil demand growth forecast at 1.4 million bpd, with OECD and non-OECD countries contributing 0.1 million and 1.3 million bpd respectiv...

OPEC Holds Steady: Global Economic Growth Forecast for 2025 Remains at 3.1%

OPEC maintains its global economic growth forecast for 2025 at 3.1%, with stable projections for the US, Eurozone, and China. The organization highlights the need to monitor potent...

OPEC Holds Steady on 2025 Oil Demand Growth Forecast Amid Global Economic Shifts

OPEC's March report maintains the 2025 global oil demand growth forecast at 1.4 million bpd, with non-OECD countries leading the increase due to strong air travel, road mobility, a...

OPEC Stays Optimistic: Global Economic Growth to Remain Steady at 3.1% Through 2025

OPEC maintains its global economic growth forecast for 2025 and 2026 at 3.1% and 3.2%, respectively, with stable projections for the US, Eurozone, and China. The organization empha...

OPEC Optimistic: Global GDP Growth to Hit 3.1% by 2025 Amid Economic Shifts

OPEC forecasts global GDP growth to reach 3.1% by 2025, with significant contributions from the US, India, and China. Economic expansion is contingent on falling inflation and caut...

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...

OPEC Stands Firm on 2024 Global GDP Forecast: A Detailed Outlook

OPEC maintains its 2024 global GDP forecast at 3.1%, unchanged from previous predictions. The US, Eurozone, China, and Russia's economic growth forecasts are also discussed, showin...

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...