OPEC maintains 2024 oil demand growth forecast

<ul><li>2024 world oil demand growth forecast unchanged at 2.25 mil bpd</li><li>2023 world oil demand growth forecast unchanged at 2.44 mil bpd</li><li>Trims Q4 2023 world oil demand forecast by 50k bpd</li><li>Trims Q1 2024 world oil demand forecast by 150k bpd</li><li>Ongoing uncertainty in Europe and other economies are expected to impact oil demand for the rest of the year and next year</li></ul><p>In case you missed it, the IEA also shared their latest view on the oil market earlier <a href="https://www.forexlive.com/news/iea-cuts-2024-global-oil-demand-growth-forecast-on-softer-economic-outlook-20231012/" target="_blank" rel="follow">here</a>.</p>

This article was written by Justin Low at www.forexlive.com.