{"id":75597,"date":"2022-11-14T16:26:00","date_gmt":"2022-11-14T12:26:00","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=75597"},"modified":"2022-11-14T17:45:50","modified_gmt":"2022-11-14T13:45:50","slug":"opec-cuts-global-demand-growth-forecast-again-as-economic-challenges-escalate","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/opec-cuts-global-demand-growth-forecast-again-as-economic-challenges-escalate\/11\/14\/market-updates\/","title":{"rendered":"OPEC cuts global demand growth forecast again as economic challenges escalate"},"content":{"rendered":"\n<p>On Monday, OPEC lowered its forecast for global oil prices in 2022, the price of oil in car prices.<\/p>\n\n\n\n<p>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.<\/p>\n\n\n\n<p>OPEC Oil in the 2022 Annual Report.<\/p>\n\n\n\n<p>Linked to regions, high levels, its imports from Europe, and its earnings in Europe.<\/p>\n\n\n\n<p>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<\/p>\n\n\n\n<p>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.<\/p>\n\n\n\n<p>For example, to warn of, forecasts refer to projections, projections for global growth for 2022 and 2023<\/p>\n\n\n\n<p>Oil continued to decline after the release of the report, as it was traded around the price of $95 a barrel.<\/p>\n\n\n\n<p>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.<\/p>\n\n\n\n<p>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 +.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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. &hellip;<\/p>\n","protected":false},"author":9,"featured_media":71622,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[39,36],"tags":[7004,7587],"class_list":["post-75597","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-global-stock-markets","category-market-updates","tag-opec-2","tag-us-stocks"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/75597","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=75597"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/75597\/revisions"}],"predecessor-version":[{"id":75598,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/75597\/revisions\/75598"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/71622"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=75597"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=75597"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=75597"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}