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  • 2023-04-14

    World oil demand grew by a "solid" 2.1 million barrels a day in the first quarter of 2023, OPEC said in its monthly oil market report on Thursday, with growth expected to pick up in the second and third quarters, while tight oil products markets showed signs of easing.In its latest report, OPEC left

  • 2022-12-02

    The Organization of the Petroleum Exporting Countries (OPEC) has cut its forecast for world oil demand growth in 2022 for the fourth time since April and cut its forecast for next year, Irish national Radio reported on Oct 13. Demand is expected to increase by 2.64 million barrels a day, or 2.7 perc

  • 2022-04-22

    The Organization of Petroleum Exporting Countries (Opec) on Tuesday lowered its forecast for global crude oil demand this year, mainly due to the adverse impact of the Conflict between Russia and Ukraine.Opec released its latest monthly report on the oil market on Tuesday, predicting global oil dema


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