OPEC's Monthly Oil Market Report: Here Are the Key Takeaways

Supply-Side Considerations Comparing OPEC and IEA Projections The Way Forward for Oil 3 Stocks to Buy OPEC's latest Oil Market Report presents an optimistic view of the global oil market. The organization revised its global economic growth forecast for 2024 slightly higher to 2.9%, attributing this adjustment to strongerthan-expected performance in key economies such as Brazil, Russia, India and China, and a recovery in the eurozone. OPEC maintains its oil demand growth forecast at 2.2 million barrels per d ...