The grouping of developed industrialised countries said it sees global growth slowing to 2.7 percent next year, unchanged from its previous forecast, which the OECD noted would be the lowest ...

What Happened: The OECD has raised its global growth forecast for 2024 to 3.1%, up from the previous 2.9%, Bloomberg reported ...

For the second consecutive month, OPEC slightly cut its forecast for 2024 global crude oil demand in its September Oil Market ...

OPEC on Tuesday cut its forecast for global oil demand growth for this year mainly to reflect data received year to date. In its latest monthly oil report, the ...

Sources: Organisation of the Petroleum Exporting Countries (OPEC), and Polymerupdate Research; OECD=Organisation for Economic Co-operation and Development ...

OPEC has revised its forecast for global oil demand growth this year, lowering it to approximately two million barrels per ...

The body’s monthly report indicates a 2025 growth at 1.7 million barrels per day (mbbl/d), slightly below this year’s figure.

up from the December 2020 forecast of a 4.2% expansion. That rate would mark the strongest year of economic growth since 1973 and follow last year's 3.5% contraction, the OECD said. Global GDP ...

Oil Demand Growth Forecasts (mb/d ... could prove anemic this year, while global economic weakness should, in theory, translate into weaker non-OECD demand, closer to the IEA’s forecast than ...

The OECD raised its forecast for global growth to 5.8%, compared with the 4.2% it predicted in December. However, it warned that growth would not be shared evenly. The UK's growth is set to be the ...

The monthly report on oil demand from the International Energy Agency should be good news for transportation companies. The ...

The economic development in Morocco continues to rebound from the COVID-19 pandemic and the energy crisis, despite the 2023 ...