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OPEC Says World Economy May Do Better in Second Half of Year – Oil & Gas 360

Summary by Oil & Gas 360
(Investing) – LONDON -OPEC said the global economy may perform better than expected in the second half of the year despite trade conflicts and refineries’ crude intake would remain elevated to meet the uptick in summer travel, helping to support the demand outlook. In a monthly report on Tuesday, the Organization of the Petroleum Exporting Countries left its forecasts for global oil demand growth unchanged in 2025 and 2026 after reductions in Apr
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The Organization of Petroleum Producer Countries (OPEC) predicted global economic improvements for the second half of this year. This oil company believes that the world economy could function better than expected in the second half of the year despite trade conflicts...

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On 15 July 2025, the Organisation of Petroleum Exporting Countries (OPEC) reaffirmed its forecasts of the growth of world oil demand for the years 2025 and 2025. Despite an uncertain economic climate, marked by persistent trade tensions, the organisation maintains an upward reading of the world's energy dynamics. Oil: World consumption continues to rise according to OPEC L-OPEC, relays Le Figaro, forecasts an overall consumption of 105.1 million…

Despite global climate commitments, petr leo consumption is not slowing down. According to OPEC, global demand is growing steadily to 123 million barrels per d to 2050.

The world's second largest economy, despite pressures, is growing, but...

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trend.sk broke the news in on Tuesday, July 15, 2025.
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