OPEC cuts 2025 global oil demand growth forecast, citing US tariffs

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LONDON: OPEC cut its 2025 global oil demand growth forecast on Monday, citing the impact of data received for the first quarter and trade tariffs announced by the U.S., and also reduced its global economic growth forecasts for this year and next.

World 3h ago Back to Russian gas?

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Article Details

Category: EconomyBusiness

Markets: Malaysia

Topics: Trade tariffs /Business/Business News Energy US Oil Demand IEA OPEC

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-14 @ 20:12:00 (1 days ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 189 words

Reading Time: 2 minutes read

Sentences: 6 lines

Sentence Length: 32 words per sentence (average)

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Copyright Owner: © The Star

News ID: 27864040

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Main Topics: EconomyBusiness

Official Website: thestar.com.my

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Year Established: 1971

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