Tag Archives: oil demand

Vienna, Austria | Xinhua | The Organization of the Petroleum Exporting Countries (OPEC) on Monday further revised down its forecasts for global oil demand in 2022 and 2023, citing economic challenges and geopolitical uncertainties. The latest forecasts were released in OPEC’s monthly report. The oil-producer alliance had already made several downward …

Vienna, Austria | Xinhua | The Organization of the Petroleum Exporting Countries (OPEC) on Thursday further revised down its forecasts for this year’s global economic growth and oil demand, following a previous downward revision in May. The oil alliance said in its monthly report that the world economy is expected to …