OPEC's Optimism Clashes With IEA's Conservative 2025 Oil Growth ...

17 hours ago · IEA revises 2025 global oil demand outlook to 1.05 million barrels per day, citing economic recovery and lower fuel prices. OPEC projects higher growth.

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OPEC Cuts 2024, 2025 Oil Demand Growth Forecasts - Investing.com

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Dec 11, 2024 · OPEC maintained its global economic growth forecasts at 3.1% for 2024 and 3.0% for 2025 but revised its outlook for the United States slightly higher, projecting 2.8% growth in …

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OPEC Cuts 2024, 2025 Oil Demand Growth Forecasts - Yahoo Finance

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Dec 11, 2024 · OPEC maintained its global economic growth forecasts at 3.1% for 2024 and 3.0% for 2025 but revised its outlook for the United States slightly higher, projecting 2.8% growth in …

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Taiwan Semiconductor Q4 Earnings: 3nm And 5nm Nodes Lead …

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2 hours ago · Also Read: OPEC’s Optimism Clashes With IEA’s Conservative 2025 Oil Growth Projections. Net income and earnings per share were NT$374.68 billion and NT$14.45 per …

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FAQs about OPEC's Optimism Clashes With IEA's Conservative 2025 Oil Growth ... Coupon?

Who accounted for OPEC's latest oil downgrade?

China accounted for part of the latest downgrade, as did India, other Asian countries, the Middle East and Africa, OPEC said. OPEC now expects Chinese oil demand to rise by 430,000 bpd in 2024, down from 760,000 bpd in July. ...

Can IEA and OPEC be right?

It goes without saying that both entities cannot be right. Unless, that is, the IEA continues to revise its projection upwards each month until it comes fully in-line with the OPEC view by October. Recent history indicates this outcome is not completely out of the question. ...

Does OPEC have a business and profit motive?

But it should also be pointed out that OPEC, unlike the IEA, has a business and profit motive for getting it right. Contrast that to IEA’s forecasts, which all too often in recent years appear to be motivated more by supporting preferred narratives about the energy transition than to getting things right. ...