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DAL- Reuters
OPEC sticks to oil demand view, sees potential economic upside
OPEC stuck to its forecast for relatively strong growth in global oil demand in 2024 on Tuesday and said there was a chance the world economy could do better than expected this year. The Organization of the Petroleum Exporting Countries, in a monthly report, said world oil demand will rise by 2.25 million barrels per day (bpd) in 2024 and by 1.85 million bpd in 2025. This is the last report before OPEC+, which groups OPEC and allies led by Russia, meets on June 1 to set output policy.
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