OPEC is sticking to its forecast for relatively strong growth in global oil demand this year and next, citing signs of a resilient world economy so far this year and expected further demand gains in China, Reuters’ Alex Lawler reports. OPEC says world oil demand will rise by 2.25 million barrels per day in 2024, compared with growth of 2.44 million bpd in 2023. Publicly traded companies in the space include BP (BP), Chevron (CVX), ConocoPhillips (COP), Exxon Mobil (XOM), Shell (SHEL) and TotalEnergies (TTE).
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