Open Demo Account
Home / Market Update / Commodities / OPEC cuts full-year 2022 world oil demand growth forecast to 3.1 million bpd

OPEC cuts full-year 2022 world oil demand growth forecast to 3.1 million bpd

Adel 11 August, 2022 4:55 pm Commodities, Market Update

In its monthly report published on Thursday, the Organization of the Petroleum Exporting Countries (OPEC) said that it lowered the 2022 full-year demand growth forecast to 3.1 million barrels per day (bpd) from 3.36 million bpd, as reported by Reuters.

Tags

Check Also

Oil Shock and War Fears Push the Dollar Higher Against the Yen

Global currency markets are feeling the strain of a rapidly escalating Middle East conflict, with …

This site contains information and opinions for the purpose of providing only general information and can not be relied upon. The information and opinions contained in this Site shall in no way constitute an offer or solicitation to buy, sell or subscribe to any investment product. Users of this site shall bear any risks arising from the use of any information, opinion, program, service or material. Noor Trends reserves the right to make any change to the Site, the information, opinions, materials, products, programs, services or prices (if any) at any time without notice.
All copyrights reserved Noor Trends