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/.

OPEC, together with its allies, is increasing oil production and anticipates "very strong" demand in the third quarter, with a tight supply-demand balance expected in the months ahead, the group's ...

Dr. Gil FeilerOil markets enter a phase of moderate fundamentals with Brent expected to average ~$66–69 USD/barrel in H2 2025 ...

OPEC is sticking to its guns while everyone else is screaming climate emergency. The cartel now says global oil demand will hit 123 million barrels a day by 2050, up nearly 19% from today’s levels.

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 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.

LOWER PRICES IMPACT SHALE, OTHERS Also in the report, the IEA revised down its forecast for U.S. shale oil growth by 40,000 bpd in 2025, and by 190,000 bpd in 2026 citing lower prices.

By Giulia Petroni The Organization of the Petroleum Exporting Countries trimmed next year's forecast for supply growth from the U.S. and other rivals while keeping its oil demand expectations ...

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.

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.