Tag Archives: OPEC/M

OPEC stays with 2022, 2023 oil need development projections after downgrades

Cuts Q4 need by 140,000 bpd, Q1 2023 by 410,000 bpd OPEC Nov outcome dropped by 744,000 bpd after OPEC+ reduced promise Claims leisure of China’s zero-COVID plan is prospective benefit LONDON, Dec 13 (Reuters) – OPEC on Tuesday adhered to its projections for international oil need development in 2022 and also 2023 after numerous downgrades, stating that… Read More »