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OPEC cuts 2024, 2025 global oil demand growth view
OPEC cuts 2024, 2025 global oil demand growth view again
OPEC on Monday cut its forecast for global oil demand growth in 2024 reflecting data received so far this year and also lowered its projection for next year, marking the producer group's third consecutive downward revision.
OPEC Further Trims Oil-Demand Outlook
The Organization of the Petroleum Exporting Countries further trimmed its forecast for oil-demand growth, as it prepares to bring some barrels back into the market despite weaker global prices.
OPEC Cuts Oil Demand Outlook, Again
Crude oil futures fell 2% Monday after OPEC reduced its oil demand outlook for 2024 and 2025 once again, citing data received so far this year.
OPEC trims forecast for oil-demand growth in 2024 and 2025
The Organization of the Petroleum Exporting Countries on Monday cut its forecast for growth in oil demand for this year and 2025. In its monthly report, OPEC said it cut its forecast for demand growth in 2024 by 106,
Oil prices tumble as OPEC cuts demand outlook
Oil prices (CL=F, BZ=F) fall after OPEC cut its forecast for global oil demand in 2024. Yahoo Finance's Ines Ferré joins Market Domination Hosts Julie Hyman and Josh Lipton to break down the intraday moves in oil prices and how it ties to investor sentiment about China's ongoing stimulus efforts.
OPEC Cuts Global Oil Demand Growth Forecasts for Third Consecutive Month
OPEC trimmed its forecasts for oil demand growth this year and next for a third consecutive month as the group belatedly recognizes a slowdown in global fuel use.
OPEC revises down oil demand growth again on Chinese uncertainties
In the wake of continuing economic uncertainty in China, the Organization of the Petroleum Exporting Countries (OPEC) has reduced its forecast for 2024’s global oil demand growth, while also lowering its projection for 2025.
OPEC lowers global oil demand growth outlook for third straight month
Crude oil futures fell sharply early Monday as OPEC cut its 2024 and 2025 global oil demand growth view for the third consecutive month, and China's oil imports fell from a year ago for a fifth straight month in September.
Marketplace
2d
Why OPEC is downgrading its demand forecast for the 3rd time in 3 months
​OPEC is now forecasting that demand for oil will grow more slowly than it had previously expected for the rest of this year ...
2d
OPEC trims its China crude demand forecast, but nowhere near enough
OPEC cut its estimate for China's crude oil demand growth in 2024 for a third straight month in October, but the producer ...
1d
What Investors Should Note From OPEC's Monthly Oil Market Report
Investors interested in the energy sector could benefit from focusing on resilient stocks like Diamondback Energy, ExxonMobil ...
Crude Oil Prices
2h
Is IEA Overhyping OPEC's Spare Capacity?
OPEC's spare oil production capacity is the go-to argument by many analysts when the threat of higher prices rears its head. The latest International Energy Agency monthly report was no exception. But ...
Legit on MSN
9h
OPEC Ranks African Countries With Highest Oil Rigs, Scores Nigeria Low as Dangote Begins New Project
The Organisation of Petroleum Exporting Countries (OPEC) said Nigeria's crude oil exploration dipped by 6.7% as the country's ...
2d
June Non-OPEC And World Oil Production
June Non-OPEC oil production increased by 106 kb/d to 52,549 kb/d. The largest increases came from Canada and Brazil while ...
2d
OPEC says Russian oil output edged further down in September
Russia cut crude oil output in September by 28,000 barrels per day (bpd) to about 9 million bpd, the Organization of the ...
3d
on MSN
How Saudi Arabia could create a crisis for Russia's economy
Saudi Arabia has signaled that is is ready to flood the market with oil if OPEC doesn't commit to curbing supply. That bodes ...
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