03 Nov 2025

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  • Bitumen 60/70

    383$

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    -

    2$

    Iran - New Steel Drum

    1.6%

  • Bitumen 60/70

    383$

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    Iran - New Steel Drum

    1.6%

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    363$

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    3$

    Iran - Jumbo Bag

    1.7%

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    346$

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    3$

    Iran - Flexitank

    -0.3%

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    Iran - New Steel Drum

    1.6%

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    1.6%

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    377$

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    3$

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    1.6%

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    378$

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    3$

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    1.6%

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    377$

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    3$

    Iran - New Steel Drum

    1.6%

  • Bitumen AH70

    367$

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    3$

    Iran - Jumbo Bag

    1.6%

  • Bitumen PG 76-10

    555$

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    3$

    Iran - New Steel Drum

    1.1%

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    373$

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    2$

    Iran - New Steel Drum

    1.6%

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    337$

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    Iran - Carton 25KG

    1.8%

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    337$

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    2$

    Iran - Carton 25KG

    1.8%

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    339$

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    2$

    Iran - Carton 25KG

    1.8%

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    339$

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    2$

    Iran - Carton 25KG

    1.8%

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    521$

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    5$

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    1.2%

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    521$

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    5$

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    1.2%

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    564$

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    5$

    Iran - Reconditioned Drum

    1.1%

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    575$

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    Iran - Reconditioned Drum

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    590$

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    Iran - Reconditioned Drum

    1.0%

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    561$

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    5$

    Iran - Reconditioned Drum

    1.1%

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    5$

    Iran - Bulk

    -3.3%

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    359$

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    5$

    Iran - Bulk

    -3.1%

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    383$

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    5$

    Singapore - Bulk

    -3.1%

  • HSFO CST 380

    382$

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    5$

    Singapore - Bulk

    -2.9%

  • Crude Oil Dubai

    61$

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    United Arab Emirates - Bulk

    -4.9%

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    58$

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    United States - Bulk

    -5.2%

  • Crude Oil brent

    72$

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    5$

    United Kingdom - Bulk

    0%

Home Blog OPEC Remains Upbeat on Global Oil Demand Growth

OPEC Remains Upbeat on Global Oil Demand Growth

codarx

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Update date: 2025/10/13

OPEC remains bullish on global oil demand growth for this year and next as it continues to unwind its crude production cuts.  The cartel kept unchanged its 2025 and 2026 oil demand growth forecasts in its closely-watched Monthly Oil Market Report (MOMR) for October published on Monday.   In the report, OPEC expects global oil demand to grow by about 1.3 million barrels per day (bpd) this year from 2024, and reach on average 105.1 million bpd, reflecting continued robust economic growth. The view, unchanged from last month’s…

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