Current Date 16 Apr, 2025
OPEC cuts 2025 oil demand, easing pressure on import-heavy economies.

OPEC cuts 2025 oil demand, easing pressure on import-heavy econom...

OPEC's reduced 2025 oil demand forecast offers relief to import-dependent nations like India, easing inflation and providing monetary policy leeway. Lower crude prices improve India's current account balance and fiscal deficit management. This could boost India's economic growth and strengthen its position in global trade negotiations.