> OPEC cuts global oil demand growth forecasts for a fourth month

OPEC cuts global oil demand growth forecasts for a fourth month

Highlights from the monthly oil report

Giuseppe Dellamotta

Giuseppe Dellamotta

Tuesday, 12/11/2024 | 11:45 GMT

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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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