The Organization of the Petroleum Exporting Countries (OPEC) is likely to increase global demand for oil next year, but at a slightly slower pace than this year.
Sharjah 24 – Archyde.com:
The Organization of the Petroleum Exporting Countries (OPEC) expects global demand for oil to increase next year, but at a slightly slower pace than this year, as consumption will receive support from the improved control of the “Covid-19” pandemic, and the continued recovery of global economic growth.
In its monthly report, OPEC said it expects global oil demand to increase by 2.7 million barrels per day in 2023.
It left its forecast for demand growth this year unchanged at 3.36 million barrels per day.
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