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

OPEC on Tuesday cut its forecast for global oil demand growth in 2024 reflecting data received so far this year and also ...

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

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

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

OPEC sees demand as healthy with strong demand for air travel and car transportation, along with industrial, construction and ...

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

Oil prices fell over 3% on Tuesday, marking the lowest levels since December 2021. OPEC's monthly report indicates a reduced ...

Key Takeaways Crude oil futures slipped to multi-month lows Tuesday as OPEC cut its 2024 forecast, citing weakness in demand ...

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

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 ...