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OPEC Cuts 2022 World Oil Demand Forecast Again on Ukraine War

admin — Sun, 29 May 2022 16:03:56 +0000

OPEC on Thursday cut its forecast for growth in world oil demand in 2022 for a second straight month, citing the impact of Russia’s invasion of Ukraine, rising inflation and the resurgence of the Omicron coronavirus variant in China.

The Organization of the Petroleum Exporting Countries (OPEC) said in a monthly report that world demand will increase by 3.36 million barrels per day (bpd) in 2022 from its forecast by 310,000 barrels of war.

OPEC Cuts 2022 World Oil Demand Forecast Again on Ukraine War | Devamı>>>

OPEC Cuts 2022 World Oil Demand Forecast Due to Ukraine War

admin — Mon, 02 May 2022 19:59:54 +0000

OPEC on Tuesday cut its forecast for growth in world oil demand in 2022 citing the impact of Russia’s invasion of Ukraine, rising inflation as crude prices soar and the resurgence of the Omicron coronavirus variant in China.

In a monthly report, the Organization of the Petroleum Exporting Countries (OPEC) said world demand would rise by 3.67 million barrels per day (bpd) in 2022, down 480,000 bpd from its previous forecast.

OPEC Cuts 2022 World Oil Demand Forecast Due to Ukraine War | Devamı>>>