OPEC cuts global oil demand growth forecasts for a fourth month

News
Giuseppe Dellamotta
12/11/2024 | 11:45 GMT
  • Highlights from the monthly oil report
  • OPEC cuts 2024 global oil demand growth forecast to 1.82 million BPD (prev. 1.93 milliong BPD).
  • OPEC cuts 2025 global oil demand growth forecast to 1.54 million BPD (prev. 1.64 million BPD).
  • OPEC says its crude oil production averaged 26.53 million BPD in October 2024, up 466,000 BPD from September led by Libya.
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