OPEC Remains Optimistic About Global Oil Demand Growth ...Middle East

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OPEC Remains Optimistic About Global Oil Demand Growth
source : OILPRICE ( Middle East ) () 37
A resilient global economy early this year has additional upside potential in the second half with the possible easing of monetary policies, OPEC said on Tuesday, keeping its 2024 and 2025 outlook of robust oil demand unchanged from last month. In its closely-watched Monthly Oil Market Report (MOMR) out today, OPEC maintained its forecast from the April report, which sees global oil demand rising by 2.25 million barrels per day (bpd) this year and by another 1.85 million bpd next year.  OPEC estimates that global oil demand rose…

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