OPEC Cuts 2022-2023 Oil Demand Growth View as Economy Slows
London – OPEC on Wednesday, Oct. 12, cut its 2022 forecast for growth in world oil demand for a fourth time since April and also trimmed next year’s figure, citing slowing economies, the resurgence of China’s COVID-19 containment measures and high inflation. Oil demand will increase by 2.64 million barrels per day (bpd) or 2.7% in […]