OPEC's latest Oil Market Report presents an optimistic view of the global oil market. The organization revised its global economic growth forecast for 2024 slightly higher to 2.9%, attributing this adjustment to stronger-than-expected performance in key economies such as Brazil, Russia, India and China, and a recovery in the eurozone. OPEC maintains its oil demand growth forecast at 2.2 million barrels per day (mbd) for 2024, reflecting a solid usage supported by economic growth and increased air travel.The ...