Tag Archives: United Kingdom

OPEC cuts 2022, 2023 oil demand development view as economic system slows | Enterprise and Financial system Information

OPEC on Wednesday lower its 2022 forecast for development in world oil demand for a fourth time since April and in addition trimmed subsequent 12 months’s determine, citing slowing economies, the resurgence of China’s COVID-19 containment measures and excessive inflation. Oil demand will enhance by 2.64 million barrels per day (bpd) or 2.7 p.c in 2022, the Group… Read More »