OPEC cuts international oil demand development forecasts for a fourth month
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- OPEC cuts 2024 international oil demand development forecast to 1.82 million BPD (prev. 1.93 milliong BPD).
- OPEC cuts 2025 international oil demand development forecast to 1.54 million BPD (prev. 1.64 million BPD).
- OPEC says its crude oil manufacturing averaged 26.53 million BPD in October 2024, up 466,000 BPD from September led by Libya.
This text was written by Giuseppe Dellamotta at www.ubaidahsan.com.
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