Opec Adjusts 2024 Oil Demand Forecast

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Opec has cut its global oil demand growth forecasts for this year for a fourth consecutive month, flagging adjustments in China, India and other regions in its latest Monthly Oil Market Report, released Tuesday.

Topics:
Opec-Plus Supply, Oil Forecasts, Non-Opec Supply, Opec/Opec-Plus, Oil Demand, Oil Supply
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Benchmark crude futures steadied on Friday but finished at a loss of about 4% for the week as traders brushed off supply risks in Venezuela and Russia.
Fri, Dec 12, 2025