The Organization of Petroleum Exporting Countries (OPEC+) continues to reduce its expectations for the growth of global oil demand for 2022 by 40% by about 100 thousand barrels per day, to reach during January 2. 5 million barrels in the report of this month, and the process of reducing the expectations announced by OPEC today is the fifth Since last April.
The Organization of Petroleum Exporting Countries (OPEC) continued to reduce its expectations for the growth of oil demand for the current and next year, with the continuation of the Chinese Zero Kovid policy, geopolitical turmoil and poor economic activity in the world, and expected in its monthly report that today issued the arrival of oil demand growth in 2030 to 2. 2 million Daily barrel.
Where the organization said that the global economy has entered a difficult and blurry stage in the last quarter of 2022, and that the oil supply outside the organization will grow by about 1. 9 million barrels per day during the year 2022, and about 1. 5 million in a day per day in 2023.
The coalition is scheduled to meet again on the fourth of December to determine the decrease in production again or its preservation of its stability or the opposite of its course and the pumping of more oil, while Prince Abdulaziz bin Salman, the Saudi Energy Minister, said: “The members of (OPEC+) look at the state of the global economy They see a lot of doubts. “.
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