OPEC’s 2024 Forecast: A Surge in Global Oil Demand

OPEC expects a significant increase in global oil demand in 2024, forecasting a jump of 2.25 million barrels per day. This projection is notably higher than the International Energy Agency’s, highlighting the expected robust demand from China and India. OPEC links this uptick to strong global economic growth, particularly in China, projecting further oil consumption […]

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