15/04/2025 – Downward revision of 2025 crude oil consumption growth estimates by OPEC group, tariff disputes the main factor of uncertainty – Read more news
OIL: In its latest monthly update released yesterday, the OPEC group revised down its demand growth estimates for the year 2025 and 2026 by around 150 thousand barrels per day, citing recent developments on trade and tariff dynamics as the main cause. Overall, the group expects growth of around 1.3 million barrels for the current year