The Organization of the Petroleum Exporting Countries (Opec) released its monthly oil market report on the 13th, slightly raising its forecast for global oil demand this year, saying that the fundamentals of the oil market remain strong.In the report, Opec forecast that based on the momentum of glob

OPEC is maintaining its forecast for global oil demand growth in 2023, with an increase of 2.4 million barrels per day (BPD) to 102 million BPD, according to its monthly report.In 2023, oil demand in the OECD region is expected to increase by 120,000 b/d to 46.1 million b/d. In other countries, prod

The International Energy Agency's medium-term 2023 oil Market report, released on June 14, said that global oil demand growth will slow significantly in the coming years as the transition to clean energy accelerates.Global oil demand, supported by strong demand from the petrochemical and aviation se

Ria Novosti reported on March 8, Opec Secretary General Ghaith said at the Cambridge Energy Week meeting in Houston that Opec members believe global oil demand will grow by 2.3 million barrels per day this year, most of which will come from India, China and other Asian countries, with China accounti

According to the World Oil Outlook 2045 released by OPEC on Tuesday, global oil demand will increase by more than 10 percent by 2027 compared to 2021 and by more than 13 percent by 2045, Anadolu News said.Opec forecasts that global primary energy demand will increase to 351 million barrels of oil eq

U.S. crude oil production and demand will increase in 2022 as the economy grows, the U.S. Energy Information Administration (EIA) said Tuesday in its Short-term Energy Outlook (STEO) report.The EIA forecasts U.S. oil production to rise to 11.91 million barrels per day in 2022, 12.77 million barrels