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 in 2024 reflecting data received so far this year and also ...

Investing.com - The Organization of the Petroleum Exporting Countries has reduced its forecast for global oil demand ...

The OPEC+ alliance faces increasing challenges in countering the prevailing bearish sentiment in oil markets, with limited ...

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

OPEC slightly cut its forecast for oil-demand growth after delaying its planned output hikes last week in a bid to support ...

OPEC on Monday (Aug 12) cut its forecast for global oil demand growth in 2024 citing softer expectations for China, a reduction that highlights the dilemma faced by the wider Opec+ group in raising ...

The difference between the forecasts of OPEC and IEA, amounting to 0.93 million bpd, underscores the widening divide between ...

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 ...

OPEC cut its projection for the global oil demand in 2024 based on data collected so far this season. It also lowered its expectations for next year.