OPEC Projects Strong Oil Demand Growth Of 1.4 mb/d For 2025 And 2026

OPEC forecasts global oil demand to grow by 1.4 million barrels per day (mb/d) in both 2025 and 2026, driven by strong economic expansion and rising demand from key regions. In its January 2025 report, OPEC anticipates sustained global economic growth, with oil consumption remaining robust over the next two years. The organization expects non-OECD … Continue reading OPEC Projects Strong Oil Demand Growth Of 1.4 mb/d For 2025 And 2026