OPEC maintains global oil demand growth forecast at 2.2M bpd for 2024, unchanged for this year and next.

OPEC maintains global oil demand growth forecast at 2.2M bpd for 2024, keeping its estimates unchanged for this year and next, despite a fall in crude output. The organization is set to discuss its production policy at an upcoming meeting in June. OPEC also sees potential economic upside, citing improvement in the global economy.

May 14, 2024
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