Home / Market Update / Commodities / OPEC Leaves 2021 And 2022 World Oil Demand Growth Forecasts Unchanged

OPEC Leaves 2021 And 2022 World Oil Demand Growth Forecasts Unchanged

In its monthly report published on Thursday, the Organization of the Petroleum Exporting Countries (OPEC) announced that it left the 2021 and 2022 world oil demand growth forecasts unchanged despite concerns over Delta variant weighing on energy demand. OPEC currently expects the global demand to rise by 6.6%, or 5.95 million barrels, in 2021, as reported by Reuters

Check Also

Oil Falls for Fifth Straight Session to March Lows: Iran Deal Supply Wave Looms as API Flags Massive 8.3M Barrel Draw

Key Takeaways Five-day losing streak: Brent fell 0.9% to $78.23 per barrel, while WTI slipped …