OPEC leaves oil demand forecast unchanged
Energy
- 11 April, 2024
- 14:55
Add Report.az to preferred Google sources
Stay up to date with the top news!
The Organization of the Petroleum Exporting Countries (OPEC) has maintained its forecast of oil demand growth in 2024 and 2025, Report informs, citing Monthly Oil Market Report – April 2024.
The global oil demand for 2024 will rise by 2.25 mb/d to 104.46 mb/d, while this figure will increase by 1.85 mb/d to 106.31 mb/d in 2025.
Total non-OPEC oil production in 2024 will rise from 1.07 mb/d to 70.44 mb/d. The growth forecast for 2025 has increased from 1.3 mb/d to 1.4 mb/d and currently stands at 71.75 mb/d.
Latest News
00:01
Earthquake destroys cathedral tower in Panama
Other countries23:35
US temporarily lifts sanctions on Russian diesel fuel exports
Other countries23:24
Turkish Foreign Minister meets with Hamas delegation in Ankara
Region23:07
Trump says he reached deal with Putin on Russian diesel fuel supplies
Other countries22:53
Iran expands attacks on tankers beyond Strait of Hormuz
Region22:41
Scandal involving former German intelligence chief raises concerns in Poland, UK
Other countries22:14
EU praises Azerbaijan's humanitarian assistance to Ukraine
Other countries22:06
Azerbaijan and Kyrgyzstan discuss cooperation in mini-football
Football21:46