Oil Demand Forecast Slashed: OPEC’s Struggle in a Shifting Energy Landscape
The Organization of the Petroleum Exporting Countries (OPEC) has trimmed its projections for global oil demand growth. This adjustment comes amid economic uncertainties and evolving energy trends worldwide. OPEC now anticipates demand to rise by 2.03 million barrels per day (bpd) in 2024, down from its previous forecast of 2.11 million bpd. Similarly, the 2025 […]