Standard Chartered: Oil Demand Growth Will Decelerate in the Coming Months ...Middle East

On Wednesday, OPEC released its latest Monthly Oil Market Report (MOMR) wherein it stuck to its forecast for relatively strong growth in global oil demand in 2024 and 2025, citing resilient economic growth and a strong rebound in air travel in the summer months. OPEC sees global oil demand rising by 2.25 million barrels per day (bpd) in 2024 and by 1.85 million bpd in 2025, virtually unchanged from its January forecasts. Unfortunately, other energy agencies have not been quite as consistent, with views on 2024 global oil demand growth…

Hence then, the article about standard chartered oil demand growth will decelerate in the coming months was published today ( Thursday 11/07/2024 - 05:05 PM ) and is available on OILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

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