OPEC continues to project a rise in demand for oil In 2025 and 2026, driven by transport and an increase in air traffic, said the organization of crude oil export countries in a monthly report published Wednesday.
Global oil consumption will rise to 105.1 million barrels per day (MBD) in 2025, after reaching 103.75 MBD in 2024, said the organization of oil exporting countries (OPEC) In a report that confirms the forecasts made last month.
This association of producing countries, which includes Venezuela, provides for a world consumption of 106.6 MBD in 2026.
Growth will be driven by a “A strong demand”Air traffic and a solid road expansion by road transport, said the OPEC.
This alliance of crude oil exporting countries confirmed its calendar in early February to progressively increase its production from April, after the pressures of the president of the United States, Donald Trump, who seeks a price drop.
Source: Gestion
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