As a result, OPEC said demand for its crude was expected to average 32.0 million bpd in 2008, just 50,000 bpd less than the previous forecast, but lower than the group's production in August of 32 ...

Opec has maintained its 2025 forecast for global oil demand growth at 1.3 million barrels per day despite Israel’s targeting of oil and gas facilities in Iran. The oil producer’s group did not ...

O PEC cut its global oil demand forecasts for the next four years on Thursday as Chinese growth slows, even as it lifted its longer-term view, based on rising consumption in the developing world, and ...

The cartel trimmed next year’s forecast for supply growth from the U.S. and other rivals while keeping its oil demand expectations unchanged as it continues to ramp up production.

Oil demand forecasts diverge as OPEC boosts supply, IEA turns bearish, and EIA warns of surpluses. Explore the full crude oil ...

OPEC estimates that global oil demand will grow by 1.3 million barrels per day (bpd) in both 2025 and 2026. This forecast was left unchanged in OPEC’s Monthly Oil Market Report (MOMR) out last week.

Global oil demand is forecast to rise by 2.5 million bpd from 2024 to 2030, reaching a plateau around 105.5 million bpd by the end of the decade, per the agency’s latest estimates.

OPEC on Tuesday cut its forecast for global growth in oil demand in 2008 for the sixth time this year, the latest sign that slowing economies are eroding fuel consumption.

OPEC maintains global oil demand growth forecast for 2025, 2026 In absolute terms, global oil demand is expected to reach 105 mln bpd in 2025 and 106.28 mln bpd in 2026 MOSCOW, May 14. /TASS/.

Global oil demand is projected to increase by 1.3 mln barrels per day (bpd) in 2025, with the same level of growth expected in 2026, according to the May report released by OPEC.