OPEC Sees 2.2 mb/d 2024 Oil Demand
OPEC:
- Growth in global oil demand in 2024: 2.2 mb/d
- Growth in non-OPEC production in 2024: 1.2 mb/d
- "Demand for OPEC crude in 2024 stands at about 28.4 mb/d, which is 1.0 mb/d higher than the estimated level for 2023."
- OPEC production declined in January by 350 kbd.