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

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 ...

OPEC on Tuesday cut its forecast for global oil demand growth for this year, mainly to reflect data received year to date. In its latest monthly oil report, the group cut its demand growth projection ...

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

U.S. and international crude oil futures skidded to their lowest levels in more than a year after the influential oil ...

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

The International Energy Agency (IEA) has cut its 2024 oil demand growth forecast by 70,000 barrels per day (bpd), or about 7 ...

OPEC now expects demand to grow by about 2 million barrels per day in 2024, some 80,000 bpd slower than its previous forecast ...

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 ...