Opec has made a “minor” cut to its global oil demand growth forecast for this year and next, the fifth consecutive monthly downgrade. The producer group revised its global oil demand growth ...

The IEA is forecasting the oil glut to widen if OPEC+ unwinds the output cuts. The International Energy Agency (IEA) on Thursday raised its projection for 2025 oil demand growth, driven by ...

The Organization of the Petroleum Exporting Countries cut its forecast for oil-demand growth for the fifth consecutive month after further postponing plans to increase output amid softer prices ...

The International Energy Agency lifted next year’s oil-demand estimates citing the impact of China’s stimulus measures, but said the pace of growth is expected to remain subdued. The Paris ...

OPEC cut oil demand growth forecasts for this year and next for a fifth straight month, making its deepest reduction to the 2024 outlook so far after agreeing to extend its supply curbs.

OPEC cut its 2024 global oil demand growth forecast for a fifth straight month on Wednesday and by the largest amount yet, a series of downgrades that highlights China’s sputtering role as the ...

In a monthly report, OPEC said it expects 2024 global oil demand to rise by 1.61 million barrels per day (bpd), down from 1.82 million bpd last month. OPEC also cut its 2025 growth estimate to 1. ...

In its monthly oil market report published on Thursday, the International Energy Agency (IEA) raised 2025 global oil demand growth forecast to 1.1 million barrels per day (bpd) from 990,000 bpd.

Oil prices held steady on Thursday as weak demand forecasts and rising U.S ... He guides financial analysis, trading, and cryptocurrency forecasting. Expert in trading psychology and sentiment.

On Wednesday, OPEC cut its demand growth forecast for 2024 for the fifth straight month. "If you look at the actual data, the IEA is saying that the glut they predicted should be happening right ...

OPEC cut oil demand growth forecasts for this year and ... investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to ...

Its forecasts through 15 days were significantly more accurate than one of the most well-respected traditional non-AI forecast models, according to a study published ... They also demand a lot ...