Bank of America expects Brent crude to average $75 per barrel in 2025 and $73 in 2026, citing low global oil inventories, ...

The OECD stocks are now 91.1 million barrels below their five-year average, the agency reckons. Total global observed oil stocks, including in China, continued to draw in January, too. “Anxiety over ...

With growing competition from non-OPEC producers, the group may need to reassess its production strategy to avoid further ...

The fall in oil stocks aligns with broader market sentiment ... The slowdown in demand, particularly from non-OECD countries ...

Additionally, Goldman Sachs lowered its forecast for OECD commercial stocks in 2025-2026 due to lower-than-expected oil supplies from non-OPEC countries, excluding the U.S., which led to a ...

The IEA has forecast a global oil demand growth of 1.1 million bpd in 2025, with China remaining a key driver.

Global oil demand growth is projected to average 1.1 mb/d in 2025, up from 870 kb/d in 2024, according to the IEA Oil Market Report (OMR) for February.The monthly publication noted that China will ...

Japan's growth rates are expected to be 1.0% for both 2025 and 2026. The Eurozone's economic growth has been slightly revised down for 2025 to 0.9%, but is predicted to rise to 1.1% in 2026. China's ...

"Global observed oil stocks fell 17.1 mb m-o-m to 7 647 mb in December, as crude oil stocks plunged by 63.5 mb and products stocks rose by 46.4 mb. "OECD industry inventories continued to decline, by ...