The Organization of the Petroleum Exporting Countries (OPEC) announced its forecast for the average daily global oil demand in Azerbaijan for 2025, APA-Economics reports citing the monthly report of OPEC.
According to the forecast, the rate of the daily global oil demand for next is predicted to be 106,21 mln. barrels which are 1,85 mln. more than the indicator for forecast of 2024.
According to the report, daily global oil demand for next year is predicted as 104,25 mln. barrels (the forecast has not changed), thus, meaning it's 2,25 mln. barrels more compared to the 2023 forecast indicator(the forecast has not changed).
According to the report, last year's daily global oil demand was 102,11 mln. barrels (the forecast has not changed), which equals to the previous forecast indicator. Thus, the growth rate of oil demand in 2023 was 2.46 mln. barrels.
Recall that, daily global oil demand for 2022 was 99,57 mln. barrels. The growth rate of oil demand in 2022 was 2.74 mln. barrels.
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