Tag: Global Oil Demand

Despite some doubts, market fundamentals remain strong, as indicators of economic growth recovery are showing in several regions.

The Organization of the Petroleum Exporting Countries (OPEC) has projected a global oil demand growth rate of 1.4 million barrels per day (mb/d) for 2025, with a similar increase expected ...

According to the Institute of IEA Oil Market Report (OMR), global oil market balances tightened in January despite apparent demand weakness.  An extreme Arctic freeze that swept through key oil ...