Tag: Oil DEmand

OPEC Secretary General Haitham Al Ghais challenges the IEA's recent upward revisions to global oil demand data

The Organization of the Petroleum Exporting Countries (OPEC) has reaffirmed its positive outlook for global oil demand in 2024 and 2025, while also revising its economic growth forecasts upwards for ...

The Organization of the Petroleum Exporting Countries (OPEC) has cut its forecast for 2022 global oil demand growth for a fifth time since April and further trimmed next year’s figure, ...

Growth expectations surrounding global oil demand for 2021 remained unchanged at an estimated growth projection of 96.6mb/d on average, new OPEC report shows. This is despite the slight upward revision ...

Crude oil prices have shored up to $64.56/b in March 2021, indicating the highest rise on a month-on-month basis since January 2020.   According to the Organization of the Petroleum ...

The Secretary General- H.E. Mohammad S. Barkindo- of OPEC and non-OPEC partners, a group sometimes called OPEC+ has intimated that demand for the ‘black gold’ is not expected to assume ...

It is with no doubt that, market expectations entering into 2020 was a boom for oil and oil products. However, the COVID-19 pandemic upended all expectations, especially for the first ...