OPEC Secretary General: 'End of Oil Not in Sight' on Nostr: OPEC Maintains Forecast of Global Oil Demand Growth in 2024 =============== #4b17a52e ...
OPEC Maintains Forecast of Global Oil Demand Growth in 2024
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#4b17a52e ver:0.15
Oil prices hit a two-month low due to China's declining demand for crude, leading to concerns about global oil consumption. Despite this, OPEC maintains its forecast of robust oil demand growth in 2024. China's stockpiling of cheap oil and its plans to increase oil production are criticized by Greenpeace for being incompatible with climate change commitments. OPEC Secretary General emphasizes that alternatives to oil cannot meet the scale of energy demand, highlighting the need to focus on emissions reduction. OPEC officials discuss the role of emerging markets in driving global oil demand and predict that non-OPEC supply will drive the market in the medium-term. The International Energy Agency revises its forecast for oil demand growth, citing ongoing challenges and uncertainty in the global economy. #oilprices #China #OPEC #climatechange #energydemand...
#newstr #Opec #OilDemand #EmergingMarkets #IeaForecast
https://here.news/story/4b17a52e?ver=0.15
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#4b17a52e ver:0.15
Oil prices hit a two-month low due to China's declining demand for crude, leading to concerns about global oil consumption. Despite this, OPEC maintains its forecast of robust oil demand growth in 2024. China's stockpiling of cheap oil and its plans to increase oil production are criticized by Greenpeace for being incompatible with climate change commitments. OPEC Secretary General emphasizes that alternatives to oil cannot meet the scale of energy demand, highlighting the need to focus on emissions reduction. OPEC officials discuss the role of emerging markets in driving global oil demand and predict that non-OPEC supply will drive the market in the medium-term. The International Energy Agency revises its forecast for oil demand growth, citing ongoing challenges and uncertainty in the global economy. #oilprices #China #OPEC #climatechange #energydemand...
#newstr #Opec #OilDemand #EmergingMarkets #IeaForecast
https://here.news/story/4b17a52e?ver=0.15