OPEC Sticks to Oil-Demand View
The Vienna-based cartel retained its oil demand forecast for this year after a series of cuts and projected broadly stable growth into 2026.
In first look at 2026, OPEC predicts ongoing oil demand growth
OPEC forecast on Wednesday world oil demand in 2026 will rise at a similar rate to this year, while reducing its figure for 2024 for a sixth time, following economic weakness in China, the world's biggest importer of oil.
OPEC Projects Robust Oil Demand Growth For 2025 And 2026
OPEC has reiterated its earlier forecast that global oil demand will expand at a robust clip at 1.4 mb/d in 2025, largely driven by strong non-OECD growth
OPEC Sees Steady Oil Demand Growth in First Look at 2026
OPEC forecast another year of steady oil demand growth, driven by India and China, in its first detailed assessment of 2026.
OPEC's Optimism Clashes With IEA's Conservative 2025 Oil Growth Projections
IEA revises 2025 global oil demand outlook to 1.05 million barrels per day, citing economic recovery and lower fuel prices. OPEC projects higher growth.
IEA Expects Oil Demand Growth to Accelerate But Still Projects Surplus
The International Energy Agency anticipates an acceleration in global oil-demand growth this year on lower prices and an improving economic outlook in developed countries, but still expects the market to be in surplus.
IEA Sees Oil Surplus Narrowing in 2025 Amid Supply Risks
Your report also shows a narrower oil surplus actually for 2025 than previously thought. Does that mean that there is any room for Opec+ to proceed with plans to restore supply? Yes. So we have increased our demand growth slightly for the fourth quarter and 2024.
IEA Cuts 2025 Oil Demand Growth Forecast Moderately
KEY TAKEAWAYS The International Energy Agency on Wednesday lowered its projection for 2025 oil demand growth though the organization said it would exceed last year's.The Paris-based agency said it expects global oil demand to grow by 1.
Anadolu Ajansi1h
Oil prices drop after Gaza cease-fire agreement, increased OPEC production data
Qatari Prime Minister and Foreign Minister Mohammed bin Abdulrahman Al-Thani confirms cease-fire agreement during press ...
Oil Glut Will Expand in 2026 as OPEC Output Rebounds, EIA Says
Global oil markets will face a widening glut in 2026 as OPEC brings back production and output from the US, Canada and Guyana ...
September Non-OPEC And World Oil Production Drops
World oil production decreased by 1,014 kb/d in September to 80,795 kb/d. The largest decreases came from Libya, 350 kb/d, ...
Oil prices hover near 5-month highs on heightened supply concerns
Crude oil prices continued to rally on Thursday as a drop in US stockpiles and a softer inflation buoyed sentiments in the ...
Oil prices climb as traders weigh OPEC and IEA demand forecasts
Oil futures climbed Wednesday, finding support after snapping a three-day winning streak that had been driven in part by wider U.S. sanctions on Russia as well as cold weather in much of the U.S. and ...
Crude Oil Prices11h
Early-Year Strength In Oil Markets Likely To Continue
Commodity experts at Standard Chartered predict that the ongoing strength in oil markets at the start of the new year is ...
OPEC oil output falls in December on UAE and Iran, survey finds
OPEC oil output fell in December after two months of increases, a Reuters survey found, as a drop from the United Arab ...
Global Monthly Crude Oil Production Peaked In 2018, Yet Institutions Are Forecasting A Glut
A warning of potential supply constraints in oil production, impacting prices and investments despite institutional forecasts ...