Global oil demand to fall to 30.6m barrels daily

The Organisation of Petroleum Exporting Countries (OPEC) has said demand for crude oil would fall to 30.59 million barrels per day this year due to global economic realities. While increasing forecast for non-OPEC production by 80,000 bpd to 2.18 million bpd on the backdrop of output from the U.S. Gulf of Mexico, the cartel’s monthly […]

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