OPEC Trims Oil Demand Forecast Citing US Tariffs and Global Economic Uncertainty
The Organisation of the Petroleum Exporting Countries (OPEC) has slightly revised downward its global oil demand forecast for 2025, attributing the adjustment to mounting economic uncertainties sparked by the imposition of tariffs by the United States government. According to a report by Reuters referencing OPEC’s Monthly Oil Market Report released in April, the group now