OPEC has reiterated its earlier forecast that global oil demand will expand at a robust clip at 1.4 mb/d in 2025, largely driven by strong non-OECD growth ...
Data as of Jan. 6, 2025. By unwinding more slowly, much smaller supply growth reduces the impact on price. Even so, forecasters see non-OPEC supply growth exceeding global demand growth in 2025.
Saudi Arabia Gets IMF Growth Downgrade on OPEC+ Supply Moves The kingdom’s GDP expected to grow 3.3% in the year of 2025 Delayed restart of OPEC+ supply weighing on Saudi economy ...