For a fourth consecutive month, OPEC slashed on Tuesday its estimate of global oil demand growth for both this year and next, citing downward revisions in China and other Asian markets after seeing actual consumption data year to date. OPEC now expects global oil demand to grow by 1.82 million barrels per day (bpd) this year, down by 107,000 bpd from last month’s assessment, the cartel said in its closely-watched Monthly Oil Market Report. Total…

Naftakartell kärpis taas nafta nõudluse prognoosi

Eesti Rahvusringhääling

Estonia

The oil cartel again cut the oil demand forecast

Opep corta previsão para o crescimento da demanda por petróleo pelo quarto mês seguido

Globo

Roberto Irineu Marinho

Brazil

OPEC cuts forecast for oil demand growth for the fourth straight month

In absolute terms, OPEC projects oil demand for 2024 at 104.03 mbd

Media Bias/Fact Check

TASS [🇷🇺-affiliated]

Government of Russia

Moscow

Russia

OPEC downgrades outlook on growth of global oil demand to 1.8 mbd

OPEC cut its oil demand forecast for the fourth time in a row, and according to the cartel, oil consumption from July 2024 has fallen by as much as 18 percent.

OPEC kärpis neljandat korda järjest nafta nõudluse prognoosi ning kartelli hinnangul on alates juulist 2024. aasta naftatarbimine kukkunud lausa 18 protsenti.

Government of Estonia

(Yahoo Finance) – OPEC cut its oil demand growth forecasts for this year and next for a fourth consecutive month as it belatedly recognized a slowdown in top consumer China.  Global oil consumption will increase by 1.8 million barrels a day — just under 2% — in 2024, the Organization of Petroleum Exporting Countries in a monthly report. That’s 107,000 barrels a day less than previously forecast after data from across Asian nations like China and 

Oil & Gas 360

EnerCom, Inc.

Denver

Denver County

Colorado

United States

OPEC again cuts 2024, 2025 oil demand growth forecasts – Oil & Gas 360

(Bloomberg) -- OPEC cut its oil demand growth forecasts for this year and next for a fourth consecutive month as it belatedly recognized a slowdown in top consumer China.Global oil consumption will increase by 1.8 million barrels a day — just under 2% — in 2024, the Organization of Petroleum Exporting Countries in a monthly report. That’s 107,000 barrels a day less than previously forecast after data from across Asian nations like China and Indi…

NDTV Profit

OPEC Cuts Global Oil Demand Growth Forecasts For A Fourth Consecutive Month

Opec estimates lower growth in world oil demand.

Opec anslår lavere vekst i verdens oljeetterspørsel.

Opec kutter oljeprognose for fjerde måned på rad

Oslo

Norway

Opec cuts oil forecast for fourth month in a row

The Organization of Petroleum Exporting Countries cut its Chinese demand growth forecast to 450,000 barrels

La Organización de Países Exportadores de Petróleo recortó su pronóstico de crecimiento de demanda china a 450.000 barriles

Opep recortó previsiones de crecimiento de demanda de petróleo para 2024 y 2025

larepublica.co

Bogotá

Bogota

Colombia

Opep cut oil demand growth forecasts for 2024 and 2025

According to the group's projections, there would be a reduction in the growth of crude oil demand by 2024 and 2025.

Según proyecciones del grupo, habría una reducción en el crecimiento de la demanda de crudo en 2024 y 2025.

La Opep reduce, por cuarto mes consecutivo, su pronóstico de demanda petrolera mundial

Portafolio.co

The Opep reduces, for the fourth consecutive month, its forecast of world oil demand

OPEC cut its forecast for global oil demand growth in 2024 and lowered its projection for next year on Tuesday, highlighting China, India and other regions, marking the producer group’s fourth consecutive downward revision. The weaker outlook highlights the challenge facing OPEC+, which comprises the Organisation of the Petroleum Exporting Countries and allies such as Russia, which earlier this month postponed a plan to start raising output in D…

SABC News

OPEC again cuts 2024, 2025 oil demand growth forecasts - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

OPEC Slashes Oil Demand Growth Estimate Again

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