OPEC cuts global demand growth forecast again as economic challenges escalate

On Monday, OPEC lowered its forecast for global oil prices in 2022, the price of oil in car prices.

The Bureau of Petroleum Exporting Pictures (OPEC) said in a monthly report that oil demand in 2022 will rise by 2.55 million barrels per day, or 2.6 country houses.

OPEC Oil in the 2022 Annual Report.

Linked to regions, high levels, its imports from Europe, and its earnings in Europe.

This is the latest report of the meeting of OPEC and its allies, the group known as OPEC +, on the fourth of December to determine its policy. Saudi Energy Minister Prince

OPEC expects oil demand to rise next year by 2.24 million barrels per day, which is also 100,000 barrels per day less than previous expectations.

For example, to warn of, forecasts refer to projections, projections for global growth for 2022 and 2023

Oil continued to decline after the release of the report, as it was traded around the price of $95 a barrel.

In October, the group lowered its production target of 100,000 barrels per day, with a further reduction in the current November, with oil prices falling due to fears of recession.

The report said that OPEC production fell by 210,000 barrels per day in October to 29.49 million barrels per day, more than the reduction pledged by OPEC +.