*The divergence between Opec and the IEA in their global oil demand growth forecasts shows no sign of easing. All agencies have cut their 2025 demand growth outlooks significantly since they were first unveiled last year, but the gap has not closed.
*In their latest monthly reports, Opec left its demand growth outlook unchanged at 1.29mn b/d, while the IEA cut its outlook by 20,000 b/d. Only the EIA, which sits between the two, increased its demand growth outlook, by 180,000 b/d to 980,000 b/d (see chart). (CONTINUED - 167 WORDS)
