OPEC sees greater oil demand growth in 2024

By Agence France-Presse

Feb 15, 2024 12:15 am

VIENNA: The Organization of Petroleum Exporting Countries (OPEC) on Tuesday (Wednesday in Manila) said it expects robust economic activity in China and air travel to drive strong global demand growth for oil this year.

Its outlook contrasts that of the International Energy Agency (IEA), which advises oil-consuming nations, which last month predicted that oil demand growth would halve on economic headwinds.

Already have an active account? Log in here to continue reading.
Or
Subscribe to the Premium Subscription plan to access this subscriber-exclusive article.

Related Articles

ECB policymakers split on inflation risks

US has best-performing economy – Fed chief

Indonesia's exports, imports beat forecasts

Japan economic growth slows in Q3

Lenovo plans global factory expansion

Hyundai picks first foreign-born CEO

TikTok makes AI driven ad tool available globally