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