Dubai: “The Gulf”
In its July report, OPEC stored its international oil demand development forecast for 2024 at 2.2 million barrels per day, unchanged from final month’s estimate. Oil demand within the OECD was anticipated to increase in 2024 by about 0.2 million barrels per day, whereas demand outdoors the OECD is anticipated to develop by about 2.1 million barrels per day.
In 2025, they anticipated international oil demand to see sturdy development of 1.8 million barrels per day per 12 months, additionally unchanged from the earlier month’s estimate. Oil demand in OECD international locations is anticipated to develop by 0.1 million barrels per day annually, whereas non-OECD demand is anticipated to increase by 1.7 million barrels per day.
- International financial development projections
OPEC raised its international financial development forecast to 2.9% for 2024, however remained unchanged at 2.9% for 2025.
As for the USA, it stored its forecasts for 2024 and 2025 unchanged at 2.2% and 1.9%, respectively.
He raised the forecast for financial development for the euro space to 0.7% for 2024, with out altering the forecast for 2025 at 1.2%.
It stored the expansion forecast for the Japanese economic system unchanged at 0.3% and 0.9% for 2024 and 2025, respectively.
He raised the forecast for China’s financial development in 2024 to 4.9%, whereas retaining the forecast for 2025 at 4.6%. She additionally lived as much as her expectations
India’s financial development for 2024 and 2025 is 6.6% and 6.3%, respectively. Brazil’s financial development forecasts have been unchanged at 1.8% for 2024 and 1.9% for 2025, nevertheless it raised its forecasts for Russia’s financial development for 2024 and 2025 to three.1% and 1.5%, respectively.
2024-07-10 12:41:40
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