Global Oil Demand To Rise By 2.33m bpd In 2023 – OPEC   For the third month running, the Organisation of Petroleum Exporting Countries (OPEC )has barely changed its forecast of global oil demand, predicting growth of 2.33 million barrels per day, or 2.3 per cent...

Oil Prices Set For $105 On Global Demand Growth   Solid growth in global oil demand is set to drive oil prices to above $100 this year and Brent Crude could trade at $105 per barrel by the fourth quarter. Also, global oil demand is set to...

IEA, OPEC Predict Deeper Drop In Global Oil Demand       The International Energy Agency (IEA) has trimmed its 2020 oil demand forecast on Tuesday, citing caution about the pace of economic recovery from the pandemic. Oil prices slumped further below $40 per barrel on Monday, close to...

OPEC Slashes 2020 Global Oil Demand Forecast   The Organisation of Petroleum Exporting Countries still sees a rise in global crude oil demand for 2020 despite the spread of the coronavirus, but now expects an increase of just 60,000 barrels per day, it said on Thursday. That...