global oil demand | Zee News

Advertisement

Newsglobal oil demand

Global oil demand News

Organization of the Petroleum Exporting Countries

13 Jun 2019

OPEC cuts 2019 oil demand growth forecast, sees more downside risk

World oil demand will rise by 1.14 million barrels per day this year, 70,000 bpd less than previously expected, the Organization of the Petroleum Exporting Countries said in a monthly report.

11 Aug 2016

IEA cuts oil demand forecast on Brexit impact

The IEA said Thursday it had cut its oil demand growth forecast for 2017 because of a weaker outlook for the world economy following Britain`s vote to leave the European Union.

13 Apr 2016

OPEC cuts 2016 oil demand growth forecast, warns of more

OPEC on Wednesday cut its forecast for global oil demand growth in 2016 and warned of further reductions citing concern about Latin America and China, pointing to a larger supply surplus this year.

11 Aug 2015

OPEC raises 2015 oil demand forecast despite bearish markets

In its August monthly report, the Organization of the Petroleum Exporting Countries said it was expecting world oil demand to grow by 1.38 million barrels per day -- some 90,000 more than announced in its July estimates.

12 Jun 2015

Oil prices fall after Saudis say could raise output to meet demand

Front month U.S. crude fell 28 cents to $60.49 a barrel by 0152 GMT. Brent futures were down 25 cents at $64.86 a barrel.

11 Jun 2015

Oil prices drop as IEA predicts demand slowdown

US benchmark West Texas Intermediate for delivery in July fell 58 cents to USD 60.85 a barrel compared with yesterday's closing level. Brent North Sea crude for July slid 46 cents to stand at USD 65.24 around midday in London.

15 Feb 2015

Global oil demand estimated to have grown in 2014: OPEC

According to a report by UAE's official news agency Wam, quoting OPEC MOMR, the adjustment mainly reflects better-than-expected oil demand data from OECD America and China.

11 Dec 2014

OPEC cuts 2015 demand forecast for its oil to lowest in a decade

Global demand for OPEC crude in 2015 is expected to fall to the lowest level in more than a decade and far below current output, the group said.

Loading...

NEWS ON ONE CLICK