global oil demand | Egypt Oil & Gas
OPEC Cuts 2026 Oil Demand Growth Forecast to 400,000 bbl/d
OPEC expects global oil demand to grow by 400,000 barrels per day (bbl/d) in 2026, down from its initial projection of 1.4 million bbl/for, as market developments over the course of the year have prompted a reassessme...
OPEC+ Revises Oil Demand for 2021
The Organization of Petroleum Exporting Countries and its allies (OPEC+) have revised oil demand scenarios for 2021 with demand seen weaker than previously anticipated, according to a confidential document seen by Reu...
Novak: OPEC+ Set to Relax Oil Cuts As Planned
Russian Energy Minister Alexander Novak announced that the Organization of Petroleum Exporting Countries and its Allies (OPEC+) group will start easing output curbs as planned despite a global spike in coronavirus cas...
OPEC Further Cuts Oil Demand Forecasts for 2020/21
The Organization of Petroleum Exporting Countries (OPEC) has further reduced its forecast for global oil demand amid the weaker-than-expected recovery in India and other Asian countries, according to an OPEC report. I... OPEC Lowers 2020 Oil Demand Predictions
The Organization of the Petroleum Exporting Countries (OPEC) has further lowered its forecast on oil demand due to the coronavirus pandemic, casting doubts on 2021’s recovery, according to Reuters. An OPEC repor...
OPEC Agrees to Prolong Record Oil Production Cuts to July
The Organization of the Petroleum Exporting Countries (OPEC) held its 11th ministerial meeting on June 6 and agreed to extend record oil production cuts until the end of July, according to a press release. The OPEC m... OPEC Slashes Oil Demand Forecast by 9.1%
The Organization of the Petroleum Exporting Countries (OPEC) has dramatically cut its expected forecast for global oil demand this year, anticipating global demand to contract by 9.07 million barrels per day (mmbbl/d)...
OPEC Secretary-General: Oil Consumption to Hit 100M b/d This Year
Global oil demand is expected to reach 100 million barrels per day (b/d) later this year, much earlier than previously expected, OPEC Secretary-General Mohammad Barkindo stated on September 5, Reuters reported. Barkin...Page 1 of 1
