OPEC, Maintains Oil-Demand Growth Forecasts

OPEC Sticks to Oil-Demand View Ahead of Output Hike
The cartel still expects demand to grow by 1.45 million barrels a day this year and 1.43 million barrels a day the next, bolstered by strong air travel demand and road mobility.
Goldman lowers oil price views on slower demand growth, higher OPEC+ supply
Goldman Sachs has lowered its December 2025 and average 2026 forecasts for Brent and WTI crude oil prices, citing slower oil demand growth prospects and expectations of higher OPEC+ supply, it said in a note dated on Sunday.
OPEC Maintains Oil-Demand Growth Forecasts Amid Tariff Uncertainty
The Organization of the Petroleum Exporting Countries (OPEC) on Wednesday affirmed its growth outlook for oil demand and overall economic expansion over the next two years.
Oil Demand Threatened by Trade War, Tariffs: IEA
You and the team write that macro conditions that underpin our oil demand projections deteriorated over the past month as trade tensions escalated. What is your estimation in just how harmful some of the tariffs,
IEA’s hard line on oil glut clashes with Opec forecast
The International Energy Agency (IEA) has said US tariffs will contribute to a decline in global oil demand growth this year, once again contrasting with Opec’s more optimistic forecast. In a monthly report published on Thursday the IEA forecast that oil demand would grow by 1 million barrels per day (bpd) in 2025,
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Oil’s Oversupply Spiral: Can Prices Stay Above $60?
According to the chief executive of Vitol, Russell Hardy, the current developments in supply and demand could push oil prices ...
Oil prices fall as OPEC nations raise production
Oil-exporting states have been under pressure from US President Donald Trump to slash prices, though analysts have said the ...
Oil Prices Fall After OPEC Plus Affirms Plan to Raise Production
Oil prices fell on Monday afternoon to their lowest level of the year after the OPEC oil cartel and its allies affirmed plans ...
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OPEC Demands Consistency After Another IEA U-Turn
OPEC criticizes the IEA's inconsistent messages regarding oil and gas investment, highlighting a recent "U-turn" from ...
Kazakhstan was the main laggard in OPEC+ oil pact in February, OPEC data shows
Kazakhstan contributed more than a half of overall OPEC+ oil production rise in February, lagging behind its pledges to ...
Oil Prices Slide on Jitters Over Trump’s Tariffs and OPEC Increases
The international benchmark fell to its lowest point since 2021 after a decision by Saudi Arabia and other producers to pump ...
OPEC+ will start long-delayed oil production hike
A group of oil-producing countries known as OPEC+ will proceed with a long-delayed hike in oil production. Eight countries ...
Oil prices rise as US vows to continue operation against Houthis ‘for weeks’
The U.S. airstrikes, which killed at least 53 people, are the biggest military operation in the Middle East since President ...
Oil Prices Might Be At Risk With The U.S. On The Cusp Of A Recession
The economy is at risk of recession or stagflation. Read why this could lead to significant impacts for the oil industry.