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 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 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
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.
IEA and OPEC oil market reports are out – ING
Yesterday both the IEA and OPEC released their monthly oil market report, ING’s commodity analyst Warren Patterson and Ewa ...
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 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 ...
Business Insider Africa on MSN32m
Europe is starting to feel the heat from Dangote’s oil refinery
According to the Organisation of the Petroleum Exporting Countries (OPEC), Dangote’s oil push in Nigeria is beginning to ...
Anadolu Ajansi5h
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 ...
TheCable2h
OPEC says Nigeria’s crude oil production dropped marginally in December
The Organisation of Petroleum Exporting Countries (OPEC) says Nigeria’s average daily crude oil production dropped marginally ...
The Punch Newspapers2h
Dangote refinery petrol production affecting European markets – OPEC
OPEC says the Dangote Petroleum Refinery and its efforts to ramp up petrol production are impacting the PMS market in Europe.
Nigerian Tribune2h
How Dangote Refinery is reducing Nigeria’s fuel imports — OPEC
The Organisation of the Petroleum Exporting Countries (OPEC) has highlighted how the Dangote Petroleum Refinery is helping ...
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 ...