{"id":3035,"date":"2025-06-30T08:00:33","date_gmt":"2025-06-30T08:00:33","guid":{"rendered":"https:\/\/petrodaleel.com\/?page_id=3035"},"modified":"2025-06-30T08:07:31","modified_gmt":"2025-06-30T08:07:31","slug":"an-overview-of-oil-demand-and-supply-by-opec-momr","status":"publish","type":"page","link":"https:\/\/petrodaleel.com\/?page_id=3035","title":{"rendered":"An Overview of Oil Demand and Supply by OPEC MOMR"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"3035\" class=\"elementor elementor-3035\">\n\t\t\t\t<div class=\"elementor-element elementor-element-3da3dfb7 e-con-full e-flex e-con e-parent\" data-id=\"3da3dfb7\" data-element_type=\"container\" data-e-type=\"container\" id=\"next\">\n\t\t\t\t<div class=\"elementor-element elementor-element-2c5c3b47 elementor-widget elementor-widget-heading\" data-id=\"2c5c3b47\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">An Overview of Oil Demand and Supply by OPEC MOMR<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-258108b5 elementor-widget elementor-widget-heading\" data-id=\"258108b5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<p class=\"elementor-heading-title elementor-size-default\">June 2025<\/p>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-5ea6e8d e-flex e-con-boxed e-con e-parent\" data-id=\"5ea6e8d\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-270f21c elementor-widget elementor-widget-image\" data-id=\"270f21c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"768\" height=\"462\" src=\"https:\/\/i0.wp.com\/petrodaleel.com\/wp-content\/uploads\/2025\/06\/Layer-4-1.jpg?fit=768%2C462&amp;ssl=1\" class=\"attachment-medium_large size-medium_large wp-image-3038\" alt=\"\" srcset=\"https:\/\/i0.wp.com\/petrodaleel.com\/wp-content\/uploads\/2025\/06\/Layer-4-1.jpg?w=1080&amp;ssl=1 1080w, https:\/\/i0.wp.com\/petrodaleel.com\/wp-content\/uploads\/2025\/06\/Layer-4-1.jpg?resize=300%2C181&amp;ssl=1 300w, https:\/\/i0.wp.com\/petrodaleel.com\/wp-content\/uploads\/2025\/06\/Layer-4-1.jpg?resize=1024%2C616&amp;ssl=1 1024w, https:\/\/i0.wp.com\/petrodaleel.com\/wp-content\/uploads\/2025\/06\/Layer-4-1.jpg?resize=768%2C462&amp;ssl=1 768w\" sizes=\"(max-width: 768px) 100vw, 768px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-d1d5e6c e-flex e-con-boxed e-con e-parent\" data-id=\"d1d5e6c\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-7a4e1fe elementor-widget elementor-widget-text-editor\" data-id=\"7a4e1fe\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>The June edition of the OPEC Monthly Oil Market Report (MOMR) presents the following projections for global oil demand and supply:<\/p><p>\u00a0<\/p><p><strong>Assessment of Global Oil Demand<\/strong><\/p><p>The forecast for global oil demand growth in 2025 remains unchanged from the previous month\u2019s assessment, at 1.3 million barrels per day (mb\/d) year-on-year (y-o-y). Minor revisions were made, primarily reflecting updated actual data for the first quarter of 2025.<\/p><p>In the OECD region, oil demand is projected to increase by approximately 0.2 mb\/d in 2025, while demand in non-OECD countries is expected to rise by over 1.1 mb\/d.<\/p><p>Looking ahead to 2026, global oil demand is also forecast to grow by 1.3 mb\/d y-o-y, consistent with the previous month\u2019s projections. Within this total, OECD demand is anticipated to grow by around 0.1 mb\/d y-o-y, and non-OECD demand by approximately 1.2 mb\/d y-o-y.<\/p><p>\u00a0<\/p><p><strong>Assessment of Global Oil Supply<\/strong><\/p><p>Liquids supply from non-Declaration of Cooperation (non-DoC) countries\u2014those not participating in the Declaration of Cooperation\u2014is projected to grow by approximately 0.8 million barrels per day (mb\/d) year-on-year (y-o-y) in 2025, unchanged from the previous month\u2019s assessment. The primary contributors to this growth are expected to be the United States, Brazil, Canada, and Argentina.<\/p><p>For 2026, the non-DoC liquids supply growth forecast has been slightly revised downward to 0.7 mb\/d, with the same countries\u2014namely the US, Brazil, Canada, and Argentina\u2014anticipated to remain the main drivers of growth.<\/p><p>Meanwhile, the supply of natural gas liquids (NGLs) and non-conventional liquids from countries participating in the Declaration of Cooperation (DoC) is projected to increase by 0.1 mb\/d y-o-y in 2025, reaching an average of 8.4 mb\/d. A similar increase of approximately 0.1 mb\/d y-o-y is expected in 2026, bringing the average to 8.5 mb\/d.<\/p><p>According to available secondary sources, crude oil production from DoC-participating countries rose by 180 thousand barrels per day (tb\/d) month-on-month (m-o-m) in May, averaging approximately 41.23 mb\/d.<\/p><p>\u00a0<\/p><p>Source: OPEC MOMR \u2013 June 16, 2025<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>An Overview of Oil Demand and Supply by OPEC MOMR June 2025 The June edition of the OPEC Monthly Oil Market Report (MOMR) presents the following projections for global oil demand and supply: \u00a0 Assessment of Global Oil Demand The forecast for global oil demand growth in 2025 remains unchanged from the previous month\u2019s assessment,&hellip; <br \/> <a class=\"button small blue\" href=\"https:\/\/petrodaleel.com\/?page_id=3035\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-3035","page","type-page","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>An Overview of Oil Demand and Supply by OPEC MOMR - Petrodaleel<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/petrodaleel.com\/?page_id=3035\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"An Overview of Oil Demand and Supply by OPEC MOMR - Petrodaleel\" \/>\n<meta property=\"og:description\" content=\"An Overview of Oil Demand and Supply by OPEC MOMR June 2025 The June edition of the OPEC Monthly Oil Market Report (MOMR) presents the following projections for global oil demand and supply: \u00a0 Assessment of Global Oil Demand The forecast for global oil demand growth in 2025 remains unchanged from the previous month\u2019s assessment,&hellip; Read more\" \/>\n<meta property=\"og:url\" content=\"https:\/\/petrodaleel.com\/?page_id=3035\" \/>\n<meta property=\"og:site_name\" content=\"Petrodaleel\" \/>\n<meta property=\"article:modified_time\" content=\"2025-06-30T08:07:31+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/petrodaleel.com\/wp-content\/uploads\/2025\/06\/Layer-4-1-768x462.jpg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/petrodaleel.com\/?page_id=3035\",\"url\":\"https:\/\/petrodaleel.com\/?page_id=3035\",\"name\":\"An Overview of Oil Demand and Supply by OPEC MOMR - Petrodaleel\",\"isPartOf\":{\"@id\":\"https:\/\/petrodaleel.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/petrodaleel.com\/?page_id=3035#primaryimage\"},\"image\":{\"@id\":\"https:\/\/petrodaleel.com\/?page_id=3035#primaryimage\"},\"thumbnailUrl\":\"https:\/\/petrodaleel.com\/wp-content\/uploads\/2025\/06\/Layer-4-1-768x462.jpg\",\"datePublished\":\"2025-06-30T08:00:33+00:00\",\"dateModified\":\"2025-06-30T08:07:31+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/petrodaleel.com\/?page_id=3035#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/petrodaleel.com\/?page_id=3035\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/petrodaleel.com\/?page_id=3035#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/petrodaleel.com\/wp-content\/uploads\/2025\/06\/Layer-4-1.jpg?fit=1080%2C650&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/petrodaleel.com\/wp-content\/uploads\/2025\/06\/Layer-4-1.jpg?fit=1080%2C650&ssl=1\",\"width\":1080,\"height\":650},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/petrodaleel.com\/?page_id=3035#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/petrodaleel.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"An Overview of Oil Demand and Supply by OPEC MOMR\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/petrodaleel.com\/#website\",\"url\":\"https:\/\/petrodaleel.com\/\",\"name\":\"Petrodaleel\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\/\/petrodaleel.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/petrodaleel.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/petrodaleel.com\/#organization\",\"name\":\"Petrodaleel\",\"url\":\"https:\/\/petrodaleel.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/petrodaleel.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/i0.wp.com\/petrodaleel.com\/wp-content\/uploads\/2024\/08\/cropped-cropped-cropped-logo-png-1.png?fit=512%2C294&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/petrodaleel.com\/wp-content\/uploads\/2024\/08\/cropped-cropped-cropped-logo-png-1.png?fit=512%2C294&ssl=1\",\"width\":512,\"height\":294,\"caption\":\"Petrodaleel\"},\"image\":{\"@id\":\"https:\/\/petrodaleel.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.linkedin.com\/company\/petro-daleel\/\"]}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"An Overview of Oil Demand and Supply by OPEC MOMR - Petrodaleel","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/petrodaleel.com\/?page_id=3035","og_locale":"en_US","og_type":"article","og_title":"An Overview of Oil Demand and Supply by OPEC MOMR - Petrodaleel","og_description":"An Overview of Oil Demand and Supply by OPEC MOMR June 2025 The June edition of the OPEC Monthly Oil Market Report (MOMR) presents the following projections for global oil demand and supply: \u00a0 Assessment of Global Oil Demand The forecast for global oil demand growth in 2025 remains unchanged from the previous month\u2019s assessment,&hellip; Read more","og_url":"https:\/\/petrodaleel.com\/?page_id=3035","og_site_name":"Petrodaleel","article_modified_time":"2025-06-30T08:07:31+00:00","og_image":[{"url":"https:\/\/petrodaleel.com\/wp-content\/uploads\/2025\/06\/Layer-4-1-768x462.jpg"}],"twitter_card":"summary_large_image","twitter_misc":{"Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/petrodaleel.com\/?page_id=3035","url":"https:\/\/petrodaleel.com\/?page_id=3035","name":"An Overview of Oil Demand and Supply by OPEC MOMR - Petrodaleel","isPartOf":{"@id":"https:\/\/petrodaleel.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/petrodaleel.com\/?page_id=3035#primaryimage"},"image":{"@id":"https:\/\/petrodaleel.com\/?page_id=3035#primaryimage"},"thumbnailUrl":"https:\/\/petrodaleel.com\/wp-content\/uploads\/2025\/06\/Layer-4-1-768x462.jpg","datePublished":"2025-06-30T08:00:33+00:00","dateModified":"2025-06-30T08:07:31+00:00","breadcrumb":{"@id":"https:\/\/petrodaleel.com\/?page_id=3035#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/petrodaleel.com\/?page_id=3035"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/petrodaleel.com\/?page_id=3035#primaryimage","url":"https:\/\/i0.wp.com\/petrodaleel.com\/wp-content\/uploads\/2025\/06\/Layer-4-1.jpg?fit=1080%2C650&ssl=1","contentUrl":"https:\/\/i0.wp.com\/petrodaleel.com\/wp-content\/uploads\/2025\/06\/Layer-4-1.jpg?fit=1080%2C650&ssl=1","width":1080,"height":650},{"@type":"BreadcrumbList","@id":"https:\/\/petrodaleel.com\/?page_id=3035#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/petrodaleel.com\/"},{"@type":"ListItem","position":2,"name":"An Overview of Oil Demand and Supply by OPEC MOMR"}]},{"@type":"WebSite","@id":"https:\/\/petrodaleel.com\/#website","url":"https:\/\/petrodaleel.com\/","name":"Petrodaleel","description":"","publisher":{"@id":"https:\/\/petrodaleel.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/petrodaleel.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/petrodaleel.com\/#organization","name":"Petrodaleel","url":"https:\/\/petrodaleel.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/petrodaleel.com\/#\/schema\/logo\/image\/","url":"https:\/\/i0.wp.com\/petrodaleel.com\/wp-content\/uploads\/2024\/08\/cropped-cropped-cropped-logo-png-1.png?fit=512%2C294&ssl=1","contentUrl":"https:\/\/i0.wp.com\/petrodaleel.com\/wp-content\/uploads\/2024\/08\/cropped-cropped-cropped-logo-png-1.png?fit=512%2C294&ssl=1","width":512,"height":294,"caption":"Petrodaleel"},"image":{"@id":"https:\/\/petrodaleel.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.linkedin.com\/company\/petro-daleel\/"]}]}},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/petrodaleel.com\/index.php?rest_route=\/wp\/v2\/pages\/3035","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/petrodaleel.com\/index.php?rest_route=\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/petrodaleel.com\/index.php?rest_route=\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/petrodaleel.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/petrodaleel.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3035"}],"version-history":[{"count":5,"href":"https:\/\/petrodaleel.com\/index.php?rest_route=\/wp\/v2\/pages\/3035\/revisions"}],"predecessor-version":[{"id":3041,"href":"https:\/\/petrodaleel.com\/index.php?rest_route=\/wp\/v2\/pages\/3035\/revisions\/3041"}],"wp:attachment":[{"href":"https:\/\/petrodaleel.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3035"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}