• OPEC 2011 world demand grwth outlook: +1.41m b/d vs +1.39m prev

Market news

11 May 2011

OPEC 2011 world demand grwth outlook: +1.41m b/d vs +1.39m prev

  • OPEC forecasts 2011 non-opec supply +0.65m b/d to 52.91m b/d;
  • OPEC sees Q2 demand for opec crude at 29.0m b/d, 30.9m q3;
  • OPEC Apr production averaged 28.99m b/d, +70k b/d vs mar.
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